glass tech fixings ltd
glass tech fixings ltd Company Information
Company Number
07925475
Next Accounts
Apr 2025
Shareholders
david swann & helen swann
Group Structure
View All
Industry
Glazing
Registered Address
bulman house regent centre, gosforth, newcastle upon tyne, NE3 3LS
Website
-glass tech fixings ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASS TECH FIXINGS LTD at £286k based on a Turnover of £964k and 0.3x industry multiple (adjusted for size and gross margin).
glass tech fixings ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASS TECH FIXINGS LTD at £249.1k based on an EBITDA of £74.5k and a 3.34x industry multiple (adjusted for size and gross margin).
glass tech fixings ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASS TECH FIXINGS LTD at £286.2k based on Net Assets of £125.2k and 2.29x industry multiple (adjusted for liquidity).
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Glass Tech Fixings Ltd Overview
Glass Tech Fixings Ltd is a dissolved company that was located in newcastle upon tyne, NE3 3LS with a Companies House number of 07925475. It operated in the glazing sector, SIC Code 43342. Founded in January 2012, it's largest shareholder was david swann & helen swann with a 100% stake. The last turnover for Glass Tech Fixings Ltd was estimated at £964k.
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Glass Tech Fixings Ltd Health Check
Pomanda's financial health check has awarded Glass Tech Fixings Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £964k, make it larger than the average company (£594.8k)
- Glass Tech Fixings Ltd
£594.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Glass Tech Fixings Ltd
- - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (32%)
- Glass Tech Fixings Ltd
32% - Industry AVG
Profitability
an operating margin of 5.2% make it less profitable than the average company (7.5%)
- Glass Tech Fixings Ltd
7.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (67)
- Glass Tech Fixings Ltd
67 - Industry AVG
Pay Structure
on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)
- Glass Tech Fixings Ltd
£28.6k - Industry AVG
Efficiency
resulting in sales per employee of £160.7k, this is more efficient (£104.6k)
- Glass Tech Fixings Ltd
£104.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (41 days)
- Glass Tech Fixings Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (49 days)
- Glass Tech Fixings Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 149 days, this is more than average (13 days)
- Glass Tech Fixings Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (23 weeks)
13 weeks - Glass Tech Fixings Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.7%, this is a similar level of debt than the average (69.3%)
72.7% - Glass Tech Fixings Ltd
69.3% - Industry AVG
GLASS TECH FIXINGS LTD financials
Glass Tech Fixings Ltd's latest turnover from January 2016 is estimated at £964 thousand and the company has net assets of £125.2 thousand. According to their latest financial statements, we estimate that Glass Tech Fixings Ltd has 6 employees and maintains cash reserves of £68.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|
| Tangible Assets | 74,165 | 93,240 | 16,200 | |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 74,165 | 93,240 | 16,200 | |
| Stock & work in progress | 310,000 | 164,000 | 33,300 | |
| Trade Debtors | 5,250 | 46,704 | 3,470 | |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 68,571 | 28,981 | 23,626 | |
| misc current assets | ||||
| total current assets | 383,821 | 239,685 | 60,396 | |
| total assets | 457,986 | 332,925 | 76,596 | |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 267,970 | 153,229 | 66,838 | |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 267,970 | 153,229 | 66,838 | |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 50,805 | 76,465 | 9,693 | |
| provisions | 14,000 | 18,000 | ||
| total long term liabilities | 64,805 | 94,465 | 9,693 | |
| total liabilities | 332,775 | 247,694 | 76,531 | |
| net assets | 125,211 | 85,231 | 65 | |
| total shareholders funds | 125,211 | 85,231 | 65 |
| Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 24,785 | 32,942 | 562 | |
| Amortisation | ||||
| Tax | ||||
| Stock | 146,000 | 130,700 | 33,300 | |
| Debtors | -41,454 | 43,234 | 3,470 | |
| Creditors | 114,741 | 86,391 | 66,838 | |
| Accruals and Deferred Income | ||||
| Deferred Taxes & Provisions | -4,000 | 18,000 | ||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -25,660 | 66,772 | 9,693 | |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 39,590 | 5,355 | 23,626 | |
| overdraft | ||||
| change in cash | 39,590 | 5,355 | 23,626 |
glass tech fixings ltd Credit Report and Business Information
Glass Tech Fixings Ltd Competitor Analysis
Perform a competitor analysis for glass tech fixings ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in NE3 area or any other competitors across 12 key performance metrics.
glass tech fixings ltd Ownership
GLASS TECH FIXINGS LTD group structure
Glass Tech Fixings Ltd has 1 subsidiary company.
Ultimate parent company
GLASS TECH FIXINGS LTD
07925475
1 subsidiary
glass tech fixings ltd directors
Glass Tech Fixings Ltd currently has 3 directors. The longest serving directors include Mr James Ford (Sep 2013) and Mrs Helen Swann (Sep 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Ford | United Kingdom | 63 years | Sep 2013 | - | Director |
| Mrs Helen Swann | England | 57 years | Sep 2013 | - | Director |
| Mr David Swann | England | 63 years | Jan 2015 | - | Director |
P&L
January 2016turnover
964k
+82%
operating profit
49.7k
0%
gross margin
21.5%
-7.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2016net assets
125.2k
+0.47%
total assets
458k
+0.38%
cash
68.6k
+1.37%
net assets
Total assets minus all liabilities
glass tech fixings ltd company details
company number
07925475
Type
Private limited with Share Capital
industry
43342 - Glazing
incorporation date
January 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
January 2016
previous names
N/A
accountant
-
auditor
-
address
bulman house regent centre, gosforth, newcastle upon tyne, NE3 3LS
Bank
-
Legal Advisor
-
glass tech fixings 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 glass tech fixings ltd.
glass tech fixings ltd 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.
Click to start generating capital raising & share issue transactions for GLASS TECH FIXINGS LTD. This can take several minutes, an email will notify you when this has completed.
glass tech fixings ltd Companies House Filings - See Documents
| date | description | view/download |
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