glory global solutions (international) limited

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glory global solutions (international) limited Company Information

Share GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED

Company Number

06569621

Shareholders

glory global solutions (holdings) limited

Group Structure

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Industry

Manufacture of other special-purpose machinery n.e.c.

 

Registered Address

infinity view,, 1 hazelwood, lime tree way, basingstoke, hampshire, RG24 8WZ

glory global solutions (international) limited Estimated Valuation

£350.2m

Pomanda estimates the enterprise value of GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED at £350.2m based on a Turnover of £352.9m and 0.99x industry multiple (adjusted for size and gross margin).

glory global solutions (international) limited Estimated Valuation

£97.2m

Pomanda estimates the enterprise value of GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED at £97.2m based on an EBITDA of £13.1m and a 7.39x industry multiple (adjusted for size and gross margin).

glory global solutions (international) limited Estimated Valuation

£1.3b

Pomanda estimates the enterprise value of GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED at £1.3b based on Net Assets of £579m and 2.21x industry multiple (adjusted for liquidity).

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Glory Global Solutions (international) Limited Overview

Glory Global Solutions (international) Limited is a live company located in basingstoke, RG24 8WZ with a Companies House number of 06569621. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in April 2008, it's largest shareholder is glory global solutions (holdings) limited with a 100% stake. Glory Global Solutions (international) Limited is a established, mega sized company, Pomanda has estimated its turnover at £352.9m with healthy growth in recent years.

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Glory Global Solutions (international) Limited Health Check

Pomanda's financial health check has awarded Glory Global Solutions (International) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £352.9m, make it larger than the average company (£13.3m)

£352.9m - Glory Global Solutions (international) Limited

£13.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.4%)

12% - Glory Global Solutions (international) Limited

9.4% - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (32%)

18.1% - Glory Global Solutions (international) Limited

32% - Industry AVG

profitability

Profitability

an operating margin of 2.6% make it less profitable than the average company (6.9%)

2.6% - Glory Global Solutions (international) Limited

6.9% - Industry AVG

employees

Employees

with 306 employees, this is above the industry average (73)

306 - Glory Global Solutions (international) Limited

73 - Industry AVG

paystructure

Pay Structure

on an average salary of £85.1k, the company has a higher pay structure (£52k)

£85.1k - Glory Global Solutions (international) Limited

£52k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.2m, this is more efficient (£185.7k)

£1.2m - Glory Global Solutions (international) Limited

£185.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 14 days, this is earlier than average (59 days)

14 days - Glory Global Solutions (international) Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (42 days)

8 days - Glory Global Solutions (international) Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 66 days, this is less than average (89 days)

66 days - Glory Global Solutions (international) Limited

89 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)

1 weeks - Glory Global Solutions (international) Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.8%, this is a similar level of debt than the average (46.8%)

42.8% - Glory Global Solutions (international) Limited

46.8% - Industry AVG

GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED financials

EXPORTms excel logo

Glory Global Solutions (International) Limited's latest turnover from March 2024 is £352.9 million and the company has net assets of £579 million. According to their latest financial statements, Glory Global Solutions (International) Limited has 306 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover352,870,005299,723,582306,549,680250,385,297270,992,945272,582,055328,998,638275,979,085331,206,000253,231,000243,011,000120,538,000142,706,000118,925,00046,907,000
Other Income Or Grants
Cost Of Sales289,053,072258,813,773259,076,753209,274,545224,709,989228,320,367257,526,236219,272,406257,753,000199,934,000198,627,00075,028,00094,031,00090,661,00038,481,000
Gross Profit63,816,93340,909,80947,472,92741,110,75346,282,95644,261,68871,472,40256,706,67973,453,00053,297,00044,384,00045,510,00048,675,00028,264,0008,426,000
Admin Expenses54,724,37335,236,14048,659,39419,957,27918,550,31624,662,51835,090,92318,450,54834,547,00034,775,00037,218,00033,436,00020,606,00028,049,0009,609,000
Operating Profit9,092,5605,673,669-1,186,46721,153,47427,732,64019,599,17036,381,47938,256,13138,906,00018,522,0007,166,00012,074,00028,069,000215,000-1,183,000
Interest Payable8,583,1625,053,7042,715,2001,939,3847,163,0152,211,6036,451,1742,620,9594,251,0001,995,0002,876,0003,893,0006,214,0006,132,0005,602,000
Interest Receivable10,702,1009,973,9378,686,2694,329,3561,624,210394,161495,073894,027161,00096,00091,000155,000304,000477,000350,000
Pre-Tax Profit-22,318,74917,604,644380,20723,543,44729,120,68315,676,81751,314,58836,529,19933,048,00011,946,0008,543,0007,564,00023,080,000-7,634,000-5,236,000
Tax2,364,555-2,810,772-1,638,606-4,127,035-3,948,013-3,612,655-7,391,653-3,333,088-6,488,000-2,303,000-468,000-521,000-4,342,0001,890,0001,920,000
Profit After Tax-19,954,19414,793,871-1,258,39919,416,41125,172,67012,064,16243,922,93533,196,11226,560,0009,643,0008,075,0007,043,00018,738,000-5,744,000-3,316,000
Dividends Paid
Retained Profit-19,954,19414,793,871-1,258,39919,416,41125,172,67012,064,16243,922,93533,196,11226,560,0009,643,0008,075,0007,043,00018,738,000-5,744,000-3,316,000
Employee Costs26,052,75625,715,52729,056,20125,860,87421,979,94825,161,14729,347,11222,693,12932,532,00019,019,00016,642,00014,766,00018,218,00016,551,00013,886,000
Number Of Employees306324323331338331327326296265261268258240236
EBITDA*13,141,68410,604,9595,705,47729,394,64836,578,53728,824,92447,086,43748,755,43152,109,00027,322,00013,005,00037,875,00037,136,0008,807,0006,504,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets651,400,253512,719,949521,848,075387,602,773176,483,476166,148,033211,433,95016,468,07620,709,00018,363,00019,535,0002,700,0002,724,0001,564,0003,630,000
Intangible Assets90,021,324120,069,499120,627,618127,310,172123,585,592128,446,321144,860,210135,638,854195,729,000137,174,000142,420,000146,360,000164,340,000161,981,00062,046,000
Investments & Other363,290,949286,900,963287,825,468298,000,161173,419,235165,667,185190,172,23413,99219,00013,000
Debtors (Due After 1 year)287,769,704225,474,648231,763,49643,380,62220,207,48212,872,08114,986,00014,858,00017,414,000
Total Fixed Assets741,421,576632,789,448642,475,693471,532,323300,069,067294,594,354356,294,160152,106,929216,438,000155,537,000161,955,000149,060,000167,064,000163,545,00065,676,000
Stock & work in progress52,850,26057,824,19850,838,66853,223,44046,672,11242,310,88342,595,52928,041,82935,538,00018,393,00016,422,00018,865,0009,888,0006,942,0003,876,000
Trade Debtors13,797,97810,088,45416,992,33320,794,77719,806,90730,690,52427,049,58719,623,68418,830,00030,092,00019,680,00015,045,00015,163,00012,623,0005,578,000
Group Debtors175,041,067110,424,89379,945,45834,456,71450,640,92066,191,74677,427,70148,510,19964,029,00031,501,00027,724,00020,466,00061,750,00039,826,00016,538,000
Misc Debtors3,664,5073,980,4132,968,9353,752,2163,171,1843,608,9503,483,1372,422,1226,104,0004,261,0003,669,0002,030,0004,040,0003,503,0001,907,000
Cash5,599,43111,706,68131,712,11726,775,753154,845,15431,365,48833,233,19733,959,79027,567,0006,828,00021,621,00021,731,00026,038,00022,714,0007,532,000
misc current assets16,281,78824,400,56972,605,19159,015,22529,076,0911,026,0001,179,0003,325,00034,000
total current assets271,048,807218,425,209184,365,663211,608,093336,054,215203,243,684183,789,153132,557,626152,068,00092,101,00090,295,00081,462,000116,913,00085,608,00035,431,000
total assets1,012,470,383851,214,657826,841,356683,140,416636,123,282497,838,038540,083,313284,664,555368,506,000247,638,000252,250,000230,522,000283,977,000249,153,000101,107,000
Bank overdraft
Bank loan
Trade Creditors 6,758,0167,790,2395,909,4146,194,58310,142,5927,058,6069,476,88914,962,81010,495,00013,613,00014,010,00014,363,00015,842,0003,354,0003,327,000
Group/Directors Accounts118,159,05960,024,48365,281,79630,753,66830,156,70337,614,28562,979,252195,164,000120,028,00060,257,00058,981,00046,219,00041,030,000
other short term finances26,8519,485227,30918,254,65728,819,0001,065,000934,000736,000
hp & lease commitments831,622757,384661,607651,297577,05189,136,00071,000
other current liabilities104,296,317113,292,52691,758,752104,812,99194,657,999110,638,658119,302,248132,531,112214,794,00080,717,00066,751,00024,288,00037,548,00049,827,00026,897,000
total current liabilities230,045,017181,891,486163,621,058142,639,852135,534,348155,311,551191,758,391165,748,582254,108,000189,494,000200,789,000188,044,000113,436,000100,405,00071,990,000
loans202,832,88564,966,04073,116,7493,403,19223,946,5279,050,90010,479,00023,098,00026,192,000
hp & lease commitments1,307,850892,434988,0641,701,5961,766,80210,000
Accruals and Deferred Income
other liabilities1,018,006609,4372,397,000125,031,000125,031,000
provisions3,730,8466,736,6908,345,5838,795,7418,711,4737,689,1159,316,6696,359,81917,426,00010,958,00011,688,00014,844,00013,438,0005,100,0001,108,000
total long term liabilities203,390,45968,459,95876,910,9166,099,46726,535,46212,895,4584,658,3353,179,9108,713,0005,479,0008,241,0007,422,000142,229,000139,130,00013,650,000
total liabilities433,435,476250,351,444240,531,974148,739,319162,069,810168,207,009196,416,726168,928,492262,821,000194,973,000209,030,000195,466,000255,665,000239,535,00085,640,000
net assets579,034,908600,863,213586,309,382534,401,097474,053,471329,631,029343,666,587115,736,062105,685,00052,665,00043,220,00035,056,00028,312,0009,618,00015,467,000
total shareholders funds579,034,908600,863,213586,309,383534,401,096474,053,472329,631,029343,666,587115,736,063105,685,00052,665,00043,220,00035,056,00028,312,0009,618,00015,467,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit9,092,5605,673,669-1,186,46721,153,47427,732,64019,599,17036,381,47938,256,13138,906,00018,522,0007,166,00012,074,00028,069,000215,000-1,183,000
Depreciation203,759175,32843,4751,118,813910,509557,902884,403944,8412,313,0001,334,0001,334,0001,470,000511,000422,000491,000
Amortisation3,845,3644,755,9626,848,4707,122,3607,935,3888,667,8529,820,5559,554,45910,890,0007,466,0004,505,00024,331,0008,556,0008,170,0007,196,000
Tax2,364,555-2,810,772-1,638,606-4,127,035-3,948,013-3,612,655-7,391,653-3,333,088-6,488,000-2,303,000-468,000-521,000-4,342,0001,890,0001,920,000
Stock-4,973,9386,985,530-2,384,7726,551,3284,361,229-284,64614,553,700-7,496,17117,145,0001,971,000-2,443,0008,977,0002,946,0003,066,0003,876,000
Debtors130,304,84918,298,186229,285,89328,765,317-26,872,208-27,676,68844,739,822-20,520,91423,237,00012,225,00030,946,000-43,412,00025,001,00031,929,00024,023,000
Creditors-1,032,2221,880,824-285,169-3,948,0093,083,986-2,418,283-5,485,9224,467,810-3,118,000-397,000-353,000-1,479,00012,488,00027,0003,327,000
Accruals and Deferred Income-8,996,20921,533,774-13,054,23910,154,992-15,980,659-8,663,590-13,228,864-82,262,888134,077,00013,966,00042,463,000-13,260,000-12,279,00022,930,00026,897,000
Deferred Taxes & Provisions-3,005,844-1,608,893-450,15884,2681,022,358-1,627,5542,956,850-11,066,1816,468,000-730,000-3,156,0001,406,0008,338,0003,992,0001,108,000
Cash flow from operations-122,858,9484,316,176-236,623,815-3,757,78243,267,18840,464,176-35,356,674-15,421,831142,666,00023,662,00022,988,00058,456,00013,394,0002,651,00011,857,000
Investing Activities
capital expenditure-112,681,2524,754,955-134,454,693-223,085,051-14,320,61152,474,052-214,892,18853,831,770-74,104,000-2,382,000-18,734,000-7,797,000-12,586,000-106,461,000-73,363,000
Change in Investments76,389,986-924,505-10,174,693124,580,9267,752,050-24,505,049190,158,242-5,0086,00013,000
cash flow from investments-189,071,2385,679,460-124,280,000-347,665,977-22,072,66176,979,101-405,050,43053,836,778-74,110,000-2,395,000-18,734,000-7,797,000-12,586,000-106,461,000-73,363,000
Financing Activities
Bank loans
Group/Directors Accounts58,134,576-5,257,31334,528,128596,965-7,457,582-25,364,96762,979,2521-95,164,000-24,864,00059,771,0001,276,00012,762,0005,189,00041,030,000
Other Short Term Loans -26,85117,366-217,824227,309-18,254,657-10,564,34328,819,000-1,065,000131,000198,000736,000
Long term loans137,866,845-8,150,70969,713,557-20,543,33514,895,6279,050,900-10,479,000-12,619,000-3,094,00026,192,000
Hire Purchase and Lease Commitments489,654147-703,2229,0402,343,853-89,136,00089,136,000-81,00081,000
other long term liabilities-1,018,006408,569609,437-2,397,0002,397,000-125,031,000125,031,000
share issue-1,874,111-240,04153,166,68540,931,213119,249,773-26,099,719184,007,589-23,145,04926,460,000-198,00089,000-299,000-44,000-105,00018,783,000
interest2,118,9384,920,2335,971,0692,389,972-5,538,805-1,817,442-5,956,101-1,726,932-4,090,000-1,899,000-2,785,000-3,738,000-5,910,000-5,655,000-5,252,000
cash flow from financing195,691,045-8,301,748163,067,83023,611,164123,492,866-44,231,228222,776,083-35,436,323-43,975,000-29,358,000-29,664,000-50,200,000-5,761,000121,645,00081,489,000
cash and cash equivalents
cash-6,107,250-20,005,4364,936,364-128,069,401123,479,666-1,867,709-726,5936,392,79020,739,000-14,793,000-110,000-4,307,0003,324,00015,182,0007,532,000
overdraft
change in cash-6,107,250-20,005,4364,936,364-128,069,401123,479,666-1,867,709-726,5936,392,79020,739,000-14,793,000-110,000-4,307,0003,324,00015,182,0007,532,000

glory global solutions (international) limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Glory Global Solutions (international) Limited Competitor Analysis

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Perform a competitor analysis for glory global solutions (international) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in RG24 area or any other competitors across 12 key performance metrics.

glory global solutions (international) limited Ownership

GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED group structure

Glory Global Solutions (International) Limited has 1 subsidiary company.

Ultimate parent company

GLORY LIMITED

#0100585

2 parents

GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED

06569621

1 subsidiary

GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED Shareholders

glory global solutions (holdings) limited 100%

glory global solutions (international) limited directors

Glory Global Solutions (International) Limited currently has 4 directors. The longest serving directors include Mr Martin Rose (Dec 2013) and Mr Michael Williams (May 2014).

officercountryagestartendrole
Mr Martin RoseUnited Kingdom49 years Dec 2013- Director
Mr Michael WilliamsUnited Kingdom56 years May 2014- Director
Ms Tomoko FujitaUnited Kingdom62 years Apr 2018- Director
Mr Toshimitsu YoshinariEngland50 years Apr 2024- Director

P&L

March 2024

turnover

352.9m

+18%

operating profit

9.1m

+60%

gross margin

18.1%

+32.5%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

579m

-0.04%

total assets

1b

+0.19%

cash

5.6m

-0.52%

net assets

Total assets minus all liabilities

glory global solutions (international) limited company details

company number

06569621

Type

Private limited with Share Capital

industry

28990 - Manufacture of other special-purpose machinery n.e.c.

incorporation date

April 2008

age

17

incorporated

UK

ultimate parent company

GLORY LIMITED

accounts

Full Accounts

last accounts submitted

March 2024

previous names

talaris limited (April 2013)

darwin holdco (uk) limited (July 2008)

accountant

-

auditor

DELOITTE LLP

address

infinity view,, 1 hazelwood, lime tree way, basingstoke, hampshire, RG24 8WZ

Bank

HSBC BANK PLC

Legal Advisor

-

glory global solutions (international) limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 3 charges/mortgages relating to glory global solutions (international) limited. Currently there are 0 open charges and 3 have been satisfied in the past.

glory global solutions (international) limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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glory global solutions (international) limited Companies House Filings - See Documents

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