glide 2 limited
glide 2 limited Company Information
Company Number
07258459
Next Accounts
Oct 2025
Shareholders
glide student & residential limited
Group Structure
View All
Industry
Wireless telecommunications activities
+3Registered Address
alpha tower, suffolk street queensway, birmingham, B1 1TT
Website
glide.co.ukglide 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GLIDE 2 LIMITED at £0 based on a Turnover of £0 and 1.15x industry multiple (adjusted for size and gross margin).
glide 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GLIDE 2 LIMITED at £0 based on an EBITDA of £0 and a 3.68x industry multiple (adjusted for size and gross margin).
glide 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GLIDE 2 LIMITED at £1.4m based on Net Assets of £503k and 2.81x industry multiple (adjusted for liquidity).
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Glide 2 Limited Overview
Glide 2 Limited is a live company located in birmingham, B1 1TT with a Companies House number of 07258459. It operates in the trade of electricity sector, SIC Code 35140. Founded in May 2010, it's largest shareholder is glide student & residential limited with a 100% stake. Glide 2 Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Glide 2 Limited Health Check
There is insufficient data available to calculate a health check for Glide 2 Limited. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Glide 2 Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (13.6%)
- - Glide 2 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Glide 2 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Glide 2 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
- Glide 2 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Glide 2 Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Glide 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Glide 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glide 2 Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Glide 2 Limited
- - Industry AVG
GLIDE 2 LIMITED financials
Glide 2 Limited's latest turnover from January 2024 is 0 and the company has net assets of £503 thousand. According to their latest financial statements, we estimate that Glide 2 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Oct 2017 | Oct 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 314,000 | 343,134 | 391,233 | 0 | 0 | 0 | 0 | 15,935,341 | 16,754,598 | 10,043,187 | 6,416,069 | 4,680,724 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 0 | 11,794,806 | 12,815,578 | 7,545,830 | 4,844,445 | 3,688,334 | ||||||||
| Gross Profit | 0 | 4,140,535 | 3,939,020 | 2,497,357 | 1,571,624 | 992,390 | ||||||||
| Admin Expenses | 0 | 3,477,630 | 3,839,182 | 2,172,880 | 1,470,517 | 1,114,672 | ||||||||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | -412,438 | 662,905 | 99,838 | 324,477 | 101,107 | -122,282 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,250 | 2,961 | 2,479 | 2,244 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 701 | 36,024 | 33,891 | 25,950 | 9,055 | 8,326 | 7,059 |
| Pre-Tax Profit | 0 | -297,000 | 0 | 0 | 0 | 0 | 0 | 701 | -376,414 | 696,796 | 122,538 | 330,571 | 106,954 | -117,467 |
| Tax | 0 | -17,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -133,238 | -18,444 | -54,571 | -37,330 | 17,452 |
| Profit After Tax | 0 | -314,000 | 0 | 0 | 0 | 0 | 0 | 701 | -376,414 | 563,558 | 104,094 | 276,000 | 69,624 | -100,015 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138,595 | 113,396 | 0 | 0 |
| Retained Profit | 0 | -314,000 | 0 | 0 | 0 | 0 | 0 | 701 | -376,414 | 563,558 | -34,501 | 162,604 | 69,624 | -118,804 |
| Employee Costs | 0 | 0 | 311,000 | 342,133 | 319,858 | 319,858 | 78,347 | 297,218 | 291,270 | 1,315,856 | 1,560,233 | 843,652 | ||
| Number Of Employees | 2 | 3 | 3 | 3 | 3 | 3 | 62 | 51 | 41 | |||||
| EBITDA* | 0 | 0 | 0 | 0 | 0 | 0 | -412,438 | 990,770 | 457,121 | 512,883 | 259,291 | 7,208 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Oct 2017 | Oct 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 161,800 | 158,538 | 198,320 | 117,717 | 56,251 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 473,682 | 694,626 | 675,425 | 771,792 | 835,268 |
| Investments & Other | 0 | 0 | 314,000 | 314,378 | 314,378 | 314,378 | 314,379 | 314,379 | 314,379 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 314,000 | 314,378 | 314,378 | 314,378 | 314,379 | 314,379 | 314,379 | 635,482 | 853,164 | 873,745 | 889,509 | 891,519 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,491,430 | 2,389,876 | 2,033,365 | 1,610,353 | 965,899 |
| Group Debtors | 501,000 | 499,000 | 488,000 | 531,872 | 509,222 | 519,379 | 525,833 | 531,233 | 483,453 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,000 | 1,000 | 2,000 | 1,833 | 6,615 | 2,200 | 5,061 | 4,560 | 1,102 | 443,690 | 306,092 | 194,025 | 457,194 | 575,754 |
| Cash | 0 | 1,000 | 13,000 | 10,449 | 12,048 | 2,939 | 4,990 | 9,052 | 51,595 | 6,081,465 | 2,355,055 | 1,363,021 | 1,040,867 | 855,201 |
| misc current assets | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 503,000 | 503,000 | 503,000 | 544,154 | 527,885 | 524,518 | 535,884 | 544,845 | 536,150 | 9,016,585 | 5,051,023 | 3,590,411 | 3,108,414 | 2,396,854 |
| total assets | 503,000 | 503,000 | 817,000 | 858,532 | 842,263 | 838,896 | 850,263 | 859,224 | 850,529 | 9,652,067 | 5,904,187 | 4,464,156 | 3,997,923 | 3,288,373 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 6,600 | 0 | 0 | 0 | 0 | 3,059,049 | 1,791,056 | 1,520,363 | 1,232,347 | 872,275 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,522 | 32,098 | 51,571 | 22,802 | 12,972 |
| other current liabilities | 0 | 0 | 0 | 41,186 | 18,317 | 21,550 | 32,917 | 41,878 | 33,884 | 4,293,081 | 2,321,074 | 1,139,861 | 1,153,442 | 900,611 |
| total current liabilities | 0 | 0 | 0 | 41,186 | 24,917 | 21,550 | 32,917 | 41,878 | 33,884 | 7,364,652 | 4,144,228 | 2,711,795 | 2,408,591 | 1,785,858 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,742 | 23,264 | 723 | 23,818 | 6,625 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,498 | 43,078 | 23,520 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,240 | 66,342 | 24,243 | 23,818 | 6,625 |
| total liabilities | 0 | 0 | 0 | 41,186 | 24,917 | 21,550 | 32,917 | 41,878 | 33,884 | 7,394,892 | 4,210,570 | 2,736,038 | 2,432,409 | 1,792,483 |
| net assets | 503,000 | 503,000 | 817,000 | 817,346 | 817,346 | 817,346 | 817,346 | 817,346 | 816,645 | 2,257,175 | 1,693,617 | 1,728,118 | 1,565,514 | 1,495,890 |
| total shareholders funds | 503,000 | 503,000 | 817,000 | 817,346 | 817,346 | 817,346 | 817,346 | 817,346 | 816,645 | 2,257,175 | 1,693,617 | 1,728,118 | 1,565,514 | 1,495,890 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Oct 2017 | Oct 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | -412,438 | 662,905 | 99,838 | 324,477 | 101,107 | -122,282 | ||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 135,877 | 175,667 | 87,930 | 59,981 | 26,268 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 191,988 | 181,616 | 100,476 | 98,203 | 103,222 |
| Tax | 0 | -17,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -133,238 | -18,444 | -54,571 | -37,330 | 17,452 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,000 | 10,000 | -43,705 | 17,868 | -5,742 | -9,315 | -4,899 | 51,238 | -2,450,565 | 239,152 | 468,578 | 159,843 | 525,894 | 1,541,653 |
| Creditors | 0 | 0 | 0 | -6,600 | 6,600 | 0 | 0 | 0 | -3,059,049 | 1,267,993 | 270,693 | 288,016 | 360,072 | 872,275 |
| Accruals and Deferred Income | 0 | 0 | -41,186 | 22,869 | -3,233 | -11,367 | -8,961 | 7,994 | -4,259,197 | 1,972,007 | 1,181,213 | -13,581 | 252,831 | 900,611 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,498 | -23,580 | 19,558 | 23,520 | 0 | 0 |
| Cash flow from operations | -3,000 | -1,599 | 9,109 | -2,052 | -4,062 | -43,244 | -5,299,617 | 3,834,800 | 1,441,563 | 596,424 | 308,970 | 255,893 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | -10,463 | -304,474 | -108,577 | |||||||||||
| Change in Investments | 0 | -314,000 | -378 | 0 | 0 | -1 | 0 | 0 | 314,379 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -10,463 | -304,474 | -108,577 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23,264 | -32,098 | 3,068 | 5,674 | 27,023 | 19,597 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 701 | 36,024 | 33,891 | 22,700 | 6,094 | 5,847 | 4,815 |
| cash flow from financing | 0 | 0 | -346 | 0 | 0 | 0 | 0 | 701 | -1,051,356 | 1,793 | 25,768 | 11,768 | 32,870 | 1,639,106 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,000 | -12,000 | 2,551 | -1,599 | 9,109 | -2,051 | -4,062 | -42,543 | -6,029,870 | 3,726,410 | 992,034 | 322,154 | 185,666 | 855,201 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,000 | -12,000 | 2,551 | -1,599 | 9,109 | -2,051 | -4,062 | -42,543 | -6,029,870 | 3,726,410 | 992,034 | 322,154 | 185,666 | 855,201 |
glide 2 limited Credit Report and Business Information
Glide 2 Limited Competitor Analysis
Perform a competitor analysis for glide 2 limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other established companies, companies in B 1 area or any other competitors across 12 key performance metrics.
glide 2 limited Ownership
GLIDE 2 LIMITED group structure
Glide 2 Limited has 3 subsidiary companies.
Ultimate parent company
PROJECT HAWK TOPCO LTD
#0137408
2 parents
GLIDE 2 LIMITED
07258459
3 subsidiaries
glide 2 limited directors
Glide 2 Limited currently has 2 directors. The longest serving directors include Mr Timothy Pilcher (May 2016) and Mrs Paula Benoit (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Pilcher | United Kingdom | 55 years | May 2016 | - | Director |
| Mrs Paula Benoit | United Kingdom | 54 years | Jul 2023 | - | Director |
P&L
January 2024turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
503k
0%
total assets
503k
0%
cash
0
-1%
net assets
Total assets minus all liabilities
glide 2 limited company details
company number
07258459
Type
Private limited with Share Capital
industry
61200 - Wireless telecommunications activities
35230 - Trade of gas through mains
61100 - Wired telecommunications activities
incorporation date
May 2010
age
15
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
alpha tower, suffolk street queensway, birmingham, B1 1TT
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
glide 2 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 7 charges/mortgages relating to glide 2 limited. Currently there are 1 open charges and 6 have been satisfied in the past.
glide 2 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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glide 2 limited Companies House Filings - See Documents
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