glenfield furniture solutions limited
glenfield furniture solutions limited Company Information
Company Number
08310676
Website
www.gfwlimited.co.ukRegistered Address
waterside distribution centre, waterside business park, johnson, darwen, lancashire, BB3 3RT
Industry
Wholesale of office furniture
Telephone
01254264070
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
andrew sheldon ponsonby 40%
jonathon sheldon ponsonby 40%
View Allglenfield furniture solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GLENFIELD FURNITURE SOLUTIONS LIMITED at £38.3k based on a Turnover of £163.2k and 0.23x industry multiple (adjusted for size and gross margin).
glenfield furniture solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GLENFIELD FURNITURE SOLUTIONS LIMITED at £0 based on an EBITDA of £0 and a 3.05x industry multiple (adjusted for size and gross margin).
glenfield furniture solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GLENFIELD FURNITURE SOLUTIONS LIMITED at £859 based on Net Assets of £466 and 1.85x industry multiple (adjusted for liquidity).
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Glenfield Furniture Solutions Limited Overview
Glenfield Furniture Solutions Limited is a live company located in darwen, BB3 3RT with a Companies House number of 08310676. It operates in the wholesale of office furniture sector, SIC Code 46650. Founded in November 2012, it's largest shareholder is andrew sheldon ponsonby with a 40% stake. Glenfield Furniture Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £163.2k with declining growth in recent years.
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Glenfield Furniture Solutions Limited Health Check
Pomanda's financial health check has awarded Glenfield Furniture Solutions Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £163.2k, make it smaller than the average company (£14.3m)
- Glenfield Furniture Solutions Limited
£14.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (-1.9%)
- Glenfield Furniture Solutions Limited
-1.9% - Industry AVG
Production
with a gross margin of 23.1%, this company has a comparable cost of product (26.9%)
- Glenfield Furniture Solutions Limited
26.9% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Glenfield Furniture Solutions Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
- Glenfield Furniture Solutions Limited
26 - Industry AVG
Pay Structure
on an average salary of £57.2k, the company has an equivalent pay structure (£57.2k)
- Glenfield Furniture Solutions Limited
£57.2k - Industry AVG
Efficiency
resulting in sales per employee of £163.2k, this is less efficient (£429.3k)
- Glenfield Furniture Solutions Limited
£429.3k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (74 days)
- Glenfield Furniture Solutions Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 165 days, this is slower than average (66 days)
- Glenfield Furniture Solutions Limited
66 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glenfield Furniture Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glenfield Furniture Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (68.8%)
99.2% - Glenfield Furniture Solutions Limited
68.8% - Industry AVG
GLENFIELD FURNITURE SOLUTIONS LIMITED financials
Glenfield Furniture Solutions Limited's latest turnover from January 2023 is estimated at £163.2 thousand and the company has net assets of £466. According to their latest financial statements, we estimate that Glenfield Furniture Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 286 | 1,998 | 3,711 | 5,423 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 286 | 1,998 | 3,711 | 5,423 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 62,094 | 37,394 | 22,150 | 13,731 |
| Trade Debtors | 57,539 | 57,526 | 57,526 | 69,490 | 85,945 | 71,056 | 0 | 18,618 | 49,556 | 44,288 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 171 | 1,177 | 7,180 | 8,087 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 57,539 | 57,526 | 57,526 | 69,490 | 85,945 | 71,056 | 62,265 | 57,189 | 78,886 | 66,106 |
| total assets | 57,539 | 57,526 | 57,526 | 69,490 | 85,945 | 71,342 | 64,263 | 60,900 | 84,309 | 66,106 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 57,073 | 57,060 | 57,060 | 69,069 | 85,592 | 71,237 | 63,840 | 60,491 | 81,349 | 57,916 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 57,073 | 57,060 | 57,060 | 69,069 | 85,592 | 71,237 | 63,840 | 60,491 | 81,349 | 57,916 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 54 | 380 | 742 | 1,085 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 54 | 380 | 742 | 1,085 | 0 |
| total liabilities | 57,073 | 57,060 | 57,060 | 69,069 | 85,592 | 71,291 | 64,220 | 61,233 | 82,434 | 57,916 |
| net assets | 466 | 466 | 466 | 421 | 353 | 51 | 43 | -333 | 1,875 | 8,190 |
| total shareholders funds | 466 | 466 | 466 | 421 | 353 | 51 | 43 | -333 | 1,875 | 8,190 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 1,712 | 1,427 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -62,094 | 24,700 | 15,244 | 8,419 | 13,731 |
| Debtors | 13 | 0 | -11,964 | -16,455 | 14,889 | 71,056 | -18,618 | -30,938 | 5,268 | 44,288 |
| Creditors | 13 | 0 | -12,009 | -16,523 | 14,355 | 7,397 | 3,349 | -20,858 | 23,433 | 57,916 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -54 | -326 | -362 | -343 | 1,085 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 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 | -171 | -1,006 | -6,003 | -907 | 8,087 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -171 | -1,006 | -6,003 | -907 | 8,087 |
glenfield furniture solutions limited Credit Report and Business Information
Glenfield Furniture Solutions Limited Competitor Analysis
Perform a competitor analysis for glenfield furniture solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BB3 area or any other competitors across 12 key performance metrics.
glenfield furniture solutions limited Ownership
GLENFIELD FURNITURE SOLUTIONS LIMITED group structure
Glenfield Furniture Solutions Limited has no subsidiary companies.
Ultimate parent company
GLENFIELD FURNITURE SOLUTIONS LIMITED
08310676
glenfield furniture solutions limited directors
Glenfield Furniture Solutions Limited currently has 3 directors. The longest serving directors include Mr Martin Salmon (Nov 2012) and Mr Jonathon Ponsonby (Nov 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Salmon | United Kingdom | 55 years | Nov 2012 | - | Director |
| Mr Jonathon Ponsonby | England | 39 years | Nov 2012 | - | Director |
| Mr Andrew Ponsonby | United Kingdom | 57 years | Nov 2012 | - | Director |
P&L
January 2023turnover
163.2k
-30%
operating profit
0
0%
gross margin
23.1%
-5.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
466
0%
total assets
57.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
glenfield furniture solutions limited company details
company number
08310676
Type
Private limited with Share Capital
industry
46650 - Wholesale of office furniture
incorporation date
November 2012
age
12
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
waterside distribution centre, waterside business park, johnson, darwen, lancashire, BB3 3RT
accountant
-
auditor
-
glenfield furniture solutions 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 did not find charges/mortgages relating to glenfield furniture solutions limited.
glenfield furniture solutions limited Companies House Filings - See Documents
| date | description | view/download |
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