glosol ltd
glosol ltd Company Information
Company Number
07222163
Website
-Registered Address
trinity house, 28-30 blucher street, birmingham, west midlands, B1 1QH
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
1246 days late
Group Structure
View All
Shareholders
hugo veerman 100%
glosol ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOSOL LTD at £155.9k based on a Turnover of £237.8k and 0.66x industry multiple (adjusted for size and gross margin).
glosol ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOSOL LTD at £7.6k based on an EBITDA of £1.5k and a 4.94x industry multiple (adjusted for size and gross margin).
glosol ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOSOL LTD at £0 based on Net Assets of £-110.7k and 3.06x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Glosol Ltd Overview
Glosol Ltd is a live company located in birmingham, B1 1QH with a Companies House number of 07222163. It operates in the licenced restaurants sector, SIC Code 56101. Founded in April 2010, it's largest shareholder is hugo veerman with a 100% stake. Glosol Ltd is a established, micro sized company, Pomanda has estimated its turnover at £237.8k with declining growth in recent years.
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Glosol Ltd Health Check
Pomanda's financial health check has awarded Glosol Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £237.8k, make it smaller than the average company (£1.2m)
- Glosol Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (3.8%)
- Glosol Ltd
3.8% - Industry AVG
Production
with a gross margin of 59.6%, this company has a comparable cost of product (59.6%)
- Glosol Ltd
59.6% - Industry AVG
Profitability
an operating margin of -2.3% make it less profitable than the average company (2%)
- Glosol Ltd
2% - Industry AVG
Employees
with 5 employees, this is below the industry average (76)
5 - Glosol Ltd
76 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Glosol Ltd
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £47.6k, this is equally as efficient (£46.6k)
- Glosol Ltd
£46.6k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is later than average (5 days)
- Glosol Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (47 days)
- Glosol Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 94 days, this is more than average (13 days)
- Glosol Ltd
13 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glosol Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 414.4%, this is a higher level of debt than the average (87.4%)
414.4% - Glosol Ltd
87.4% - Industry AVG
GLOSOL LTD financials
Glosol Ltd's latest turnover from April 2019 is estimated at £237.8 thousand and the company has net assets of -£110.7 thousand. According to their latest financial statements, Glosol Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | May 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 5 | 4 | 8 | 6 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | May 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,847 | 9,046 | 14,252 | 19,966 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,847 | 9,046 | 14,252 | 19,966 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 24,950 | 25,100 | 24,950 | 20,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,400 | 6,200 | 4,000 | 4,500 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 30,350 | 31,300 | 28,950 | 24,500 | 0 | 0 | 0 | 0 | 0 |
| total assets | 35,197 | 40,346 | 43,202 | 44,466 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 10,427 | 12,556 | 10,935 | 11,856 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 30,785 | 22,762 | 19,782 | 3,432 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,030 | 15,476 | 15,120 | 25,617 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 18,804 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 3,490 | 3,492 | 3,492 | 3,492 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 75,985 | 73,519 | 72,214 | 11,909 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 136,717 | 127,805 | 121,543 | 75,110 | 0 | 0 | 0 | 0 | 0 |
| loans | 5,657 | 7,694 | 1,551 | 5,006 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 3,490 | 6,978 | 10,468 | 13,958 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 9,147 | 14,672 | 12,019 | 18,964 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 145,864 | 142,477 | 133,562 | 94,074 | 0 | 0 | 0 | 0 | 0 |
| net assets | -110,667 | -102,131 | -90,360 | -49,608 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -110,667 | -102,131 | -90,360 | -49,608 | 0 | 0 | 0 | 0 | 0 |
| Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | May 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 7,031 | 9,198 | 7,867 | 6,926 | |||||
| Amortisation | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||
| Stock | -150 | 150 | 4,950 | 20,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -800 | 2,200 | -500 | 4,500 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 554 | 356 | -10,497 | 25,617 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,466 | 1,305 | 60,305 | 11,909 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 8,023 | 2,980 | 16,350 | 3,432 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -18,804 | 18,804 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,037 | 6,143 | -3,455 | 5,006 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -3,490 | -3,490 | -3,490 | 17,450 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | -2,129 | 1,621 | -921 | 11,856 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,129 | -1,621 | 921 | -11,856 | 0 | 0 | 0 | 0 | 0 |
glosol ltd Credit Report and Business Information
Glosol Ltd Competitor Analysis
Perform a competitor analysis for glosol ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B 1 area or any other competitors across 12 key performance metrics.
glosol ltd Ownership
GLOSOL LTD group structure
Glosol Ltd has no subsidiary companies.
Ultimate parent company
GLOSOL LTD
07222163
glosol ltd directors
Glosol Ltd currently has 2 directors. The longest serving directors include Mrs Elena Veerman (May 2015) and Mr Hugo Veerman (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Elena Veerman | United Kingdom | 39 years | May 2015 | - | Director |
| Mr Hugo Veerman | United Kingdom | 62 years | Oct 2015 | - | Director |
P&L
April 2019turnover
237.8k
+9%
operating profit
-5.5k
0%
gross margin
59.6%
-2.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2019net assets
-110.7k
+0.08%
total assets
35.2k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
glosol ltd company details
company number
07222163
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
April 2010
age
14
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2019
address
trinity house, 28-30 blucher street, birmingham, west midlands, B1 1QH
accountant
-
auditor
-
glosol ltd 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 did not find charges/mortgages relating to glosol ltd.
glosol ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
