glj contracts limited
glj contracts limited Company Information
Company Number
08323127
Website
www.gljcontracts.comRegistered Address
units 3&3a ashmore lake road, gilbert enterprise park, willenhall, west midlands, WV12 4LA
Industry
Other building completion and finishing
Telephone
01902365800
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
antony roy preece 16.7%
michael jaques 16.7%
View Allglj contracts limited Estimated Valuation
Pomanda estimates the enterprise value of GLJ CONTRACTS LIMITED at £4.5m based on a Turnover of £11.9m and 0.38x industry multiple (adjusted for size and gross margin).
glj contracts limited Estimated Valuation
Pomanda estimates the enterprise value of GLJ CONTRACTS LIMITED at £1.5m based on an EBITDA of £312.6k and a 4.72x industry multiple (adjusted for size and gross margin).
glj contracts limited Estimated Valuation
Pomanda estimates the enterprise value of GLJ CONTRACTS LIMITED at £2.6m based on Net Assets of £1.1m and 2.45x industry multiple (adjusted for liquidity).
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Glj Contracts Limited Overview
Glj Contracts Limited is a live company located in willenhall, WV12 4LA with a Companies House number of 08323127. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in December 2012, it's largest shareholder is antony roy preece with a 16.7% stake. Glj Contracts Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.9m with rapid growth in recent years.
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Glj Contracts Limited Health Check
Pomanda's financial health check has awarded Glj Contracts Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £11.9m, make it larger than the average company (£308k)
- Glj Contracts Limited
£308k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (7.3%)
- Glj Contracts Limited
7.3% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Glj Contracts Limited
25.8% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (7%)
- Glj Contracts Limited
7% - Industry AVG
Employees
with 18 employees, this is above the industry average (3)
18 - Glj Contracts Limited
3 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)
- Glj Contracts Limited
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £662.7k, this is more efficient (£119.9k)
- Glj Contracts Limited
£119.9k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (49 days)
- Glj Contracts Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (30 days)
- Glj Contracts Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (20 days)
- Glj Contracts Limited
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (23 weeks)
16 weeks - Glj Contracts Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.8%, this is a similar level of debt than the average (73.7%)
69.8% - Glj Contracts Limited
73.7% - Industry AVG
GLJ CONTRACTS LIMITED financials
Glj Contracts Limited's latest turnover from April 2023 is estimated at £11.9 million and the company has net assets of £1.1 million. According to their latest financial statements, Glj Contracts Limited has 18 employees and maintains cash reserves of £756.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 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 | 18 | 18 | 17 | 16 | 17 | 18 | 17 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 131,826 | 36,993 | 39,374 | 55,787 | 81,854 | 111,426 | 122,200 | 80,651 | 55,144 | 18,130 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 251,826 | 156,993 | 159,374 | 175,787 | 201,854 | 231,426 | 242,200 | 80,651 | 55,144 | 18,130 |
| Stock & work in progress | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 |
| Trade Debtors | 2,241,522 | 1,878,343 | 1,238,363 | 783,680 | 770,024 | 723,010 | 1,586,076 | 2,457,222 | 1,565,967 | 976,629 |
| Group Debtors | 176,825 | 176,325 | 175,875 | 102,475 | 109,075 | 10,125 | 0 | 0 | 0 | 0 |
| Misc Debtors | 57,257 | 26,216 | 27,020 | 23,945 | 34,772 | 5,042 | 0 | 0 | 0 | 0 |
| Cash | 756,646 | 776,393 | 274,096 | 136,397 | 35,737 | 504,488 | 58,164 | 236,749 | 497,209 | 22,869 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 18,993 | 18,783 | 16,118 | 0 | 0 |
| total current assets | 3,235,250 | 2,860,277 | 1,718,354 | 1,049,497 | 952,608 | 1,264,658 | 1,666,023 | 2,713,089 | 2,066,176 | 1,002,498 |
| total assets | 3,487,076 | 3,017,270 | 1,877,728 | 1,225,284 | 1,154,462 | 1,496,084 | 1,908,223 | 2,793,740 | 2,121,320 | 1,020,628 |
| Bank overdraft | 10,000 | 10,000 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,664,253 | 1,453,520 | 755,506 | 400,975 | 322,866 | 566,667 | 1,014,361 | 1,756,824 | 1,557,630 | 656,578 |
| Group/Directors Accounts | 19 | 19 | 19 | 19 | 19 | 19 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 3,416 | 3,416 | 9,764 | 2,118 | 2,118 | 2,119 | 0 | 0 | 0 | 0 |
| other current liabilities | 718,619 | 680,445 | 372,155 | 165,291 | 121,835 | 216,853 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,396,307 | 2,147,400 | 1,145,777 | 568,403 | 446,838 | 785,658 | 1,014,361 | 1,756,824 | 1,557,630 | 656,578 |
| loans | 21,667 | 31,667 | 41,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 16,070 | 19,485 | 0 | 9,765 | 11,883 | 14,002 | 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 | 19,025 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 37,737 | 51,152 | 41,667 | 9,765 | 11,883 | 14,002 | 0 | 19,025 | 0 | 0 |
| total liabilities | 2,434,044 | 2,198,552 | 1,187,444 | 578,168 | 458,721 | 799,660 | 1,014,361 | 1,775,849 | 1,557,630 | 656,578 |
| net assets | 1,053,032 | 818,718 | 690,284 | 647,116 | 695,741 | 696,424 | 893,862 | 1,017,891 | 563,690 | 364,050 |
| total shareholders funds | 1,053,032 | 818,718 | 690,284 | 647,116 | 695,741 | 696,424 | 893,862 | 1,017,891 | 563,690 | 364,050 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 28,957 | 17,298 | 16,413 | 25,453 | 31,360 | 34,274 | 33,387 | 25,527 | 11,237 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
| Debtors | 394,720 | 639,626 | 531,158 | -3,771 | 175,694 | -847,899 | -871,146 | 891,255 | 589,338 | 976,629 |
| Creditors | 210,733 | 698,014 | 354,531 | 78,109 | -243,801 | -447,694 | -742,463 | 199,194 | 901,052 | 656,578 |
| Accruals and Deferred Income | 38,174 | 308,290 | 206,864 | 43,456 | -95,018 | 216,853 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 120,000 | 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 | 19 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,000 | 41,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -3,415 | 13,137 | -2,119 | -2,118 | -2,120 | 16,121 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -19,025 | 19,025 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -19,747 | 502,297 | 137,699 | 100,660 | -468,751 | 446,324 | -178,585 | -260,460 | 474,340 | 22,869 |
| overdraft | 0 | 1,667 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -19,747 | 500,630 | 129,366 | 100,660 | -468,751 | 446,324 | -178,585 | -260,460 | 474,340 | 22,869 |
glj contracts limited Credit Report and Business Information
Glj Contracts Limited Competitor Analysis
Perform a competitor analysis for glj contracts limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
glj contracts limited Ownership
GLJ CONTRACTS LIMITED group structure
Glj Contracts Limited has no subsidiary companies.
Ultimate parent company
GLJ CONTRACTS LIMITED
08323127
glj contracts limited directors
Glj Contracts Limited currently has 4 directors. The longest serving directors include Mr Anthony Preece (Dec 2012) and Mr Lee Wilde (Dec 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Preece | England | 56 years | Dec 2012 | - | Director |
| Mr Lee Wilde | England | 56 years | Dec 2012 | - | Director |
| Mr James Hopkins | United Kingdom | 49 years | Aug 2017 | - | Director |
| Mr Michael Jaques | United Kingdom | 42 years | Jan 2021 | - | Director |
P&L
April 2023turnover
11.9m
+25%
operating profit
283.6k
0%
gross margin
25.8%
+2.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.1m
+0.29%
total assets
3.5m
+0.16%
cash
756.6k
-0.03%
net assets
Total assets minus all liabilities
glj contracts limited company details
company number
08323127
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
December 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
units 3&3a ashmore lake road, gilbert enterprise park, willenhall, west midlands, WV12 4LA
last accounts submitted
April 2023
glj contracts 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 2 charges/mortgages relating to glj contracts limited. Currently there are 1 open charges and 1 have been satisfied in the past.
glj contracts limited Companies House Filings - See Documents
| date | description | view/download |
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