glassbox digital uk ltd
glassbox digital uk ltd Company Information
Company Number
09879009
Next Accounts
Sep 2025
Shareholders
glassbox ltd
Group Structure
View All
Industry
Business and domestic software development
Registered Address
st vedast house st vedast house, 5-7 st. vedast street, norwich, NR1 1BT
Website
www.glassboxdigital.comglassbox digital uk ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASSBOX DIGITAL UK LTD at £2.9m based on a Turnover of £2.6m and 1.08x industry multiple (adjusted for size and gross margin).
glassbox digital uk ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASSBOX DIGITAL UK LTD at £0 based on an EBITDA of £-18.4k and a 6.7x industry multiple (adjusted for size and gross margin).
glassbox digital uk ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASSBOX DIGITAL UK LTD at £5.1m based on Net Assets of £2.2m and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Glassbox Digital Uk Ltd Overview
Glassbox Digital Uk Ltd is a live company located in norwich, NR1 1BT with a Companies House number of 09879009. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2015, it's largest shareholder is glassbox ltd with a 100% stake. Glassbox Digital Uk Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.
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Glassbox Digital Uk Ltd Health Check
Pomanda's financial health check has awarded Glassbox Digital Uk Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£4.5m)
£2.6m - Glassbox Digital Uk Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (10.2%)
-11% - Glassbox Digital Uk Ltd
10.2% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (72.2%)
100% - Glassbox Digital Uk Ltd
72.2% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (3.5%)
-0.8% - Glassbox Digital Uk Ltd
3.5% - Industry AVG
Employees
with 12 employees, this is below the industry average (41)
12 - Glassbox Digital Uk Ltd
41 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Glassbox Digital Uk Ltd
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £219.9k, this is more efficient (£122.7k)
£219.9k - Glassbox Digital Uk Ltd
£122.7k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (57 days)
36 days - Glassbox Digital Uk Ltd
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Glassbox Digital Uk Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Glassbox Digital Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Glassbox Digital Uk Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91%, this is a higher level of debt than the average (62.6%)
91% - Glassbox Digital Uk Ltd
62.6% - Industry AVG
GLASSBOX DIGITAL UK LTD financials
Glassbox Digital Uk Ltd's latest turnover from December 2023 is £2.6 million and the company has net assets of £2.2 million. According to their latest financial statements, Glassbox Digital Uk Ltd has 12 employees and maintains cash reserves of £96.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 2,639,162 | 4,838,634 | 4,035,186 | 3,752,000 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 0 | 0 | 0 | 1,522,000 | ||||
| Gross Profit | 2,639,162 | 4,838,634 | 4,035,186 | 2,230,000 | ||||
| Admin Expenses | 2,661,155 | 4,389,786 | 3,946,043 | 3,296,000 | ||||
| Operating Profit | -21,993 | 448,848 | 89,143 | -1,066,000 | ||||
| Interest Payable | 0 | 833,539 | 501,317 | 0 | ||||
| Interest Receivable | 0 | 727,573 | 0 | 0 | ||||
| Pre-Tax Profit | -21,993 | 342,882 | -412,174 | -1,066,000 | ||||
| Tax | 192,675 | -450,010 | 749,589 | 104,000 | ||||
| Profit After Tax | 170,682 | -107,128 | 337,415 | -962,000 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 170,682 | -107,128 | 337,415 | -962,000 | ||||
| Employee Costs | 3,111,697 | 2,509,000 | ||||||
| Number Of Employees | 12 | 19 | 15 | 34 | 11 | 7 | 5 | 4 |
| EBITDA* | -18,373 | 456,789 | 95,397 | -616,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,148 | 6,840 | 14,780 | 29,000 | 4,761 | 3,183 | 744 | 1,547 |
| Intangible Assets | 0 | 0 | 0 | 18,377,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 18,807,129 | 18,807,129 | 18,807,129 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,808,277 | 18,813,969 | 18,821,909 | 18,406,000 | 4,761 | 3,183 | 744 | 1,547 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 267,377 | 657,593 | 130,030 | 1,280,000 | 0 | 28,211 | 417,874 | 0 |
| Group Debtors | 4,365,961 | 2,013,691 | 1,641,296 | 1,968,000 | 1,060,797 | 18,418 | 112,295 | 101,970 |
| Misc Debtors | 491,067 | 432,575 | 892,619 | 207,000 | 42,199 | 935,093 | 56,819 | 31,962 |
| Cash | 96,506 | 490,625 | 503,152 | 821,000 | 466,233 | 197,085 | 8,306 | 653,481 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,220,911 | 3,594,484 | 3,167,097 | 4,276,000 | 1,569,229 | 1,178,807 | 595,294 | 787,413 |
| total assets | 24,029,188 | 22,408,453 | 21,989,006 | 22,682,000 | 1,573,990 | 1,181,990 | 596,038 | 788,960 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 101,918 | 158,389 | 150,830 | 375,000 | 7,848 | 57,586 | 7,524 | 2,968 |
| Group/Directors Accounts | 20,452,118 | 18,969,428 | 12,413,624 | 14,999,000 | 664,133 | 633,421 | 38,562 | 764,904 |
| other short term finances | 0 | 0 | 7,151,345 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,306,298 | 1,403,173 | 992,578 | 3,594,000 | 893,518 | 436,665 | 446,589 | 18,963 |
| total current liabilities | 21,860,334 | 20,530,990 | 20,708,377 | 18,968,000 | 1,565,499 | 1,127,672 | 492,675 | 786,835 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 4,389,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 279,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 4,668,000 | 0 | 0 | 0 | 0 |
| total liabilities | 21,860,334 | 20,530,990 | 20,708,377 | 23,636,000 | 1,565,499 | 1,127,672 | 492,675 | 786,835 |
| net assets | 2,168,854 | 1,877,463 | 1,280,629 | -954,000 | 8,491 | 54,318 | 103,363 | 2,125 |
| total shareholders funds | 2,168,854 | 1,877,463 | 1,280,629 | -954,000 | 8,491 | 54,318 | 103,363 | 2,125 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -21,993 | 448,848 | 89,143 | -1,066,000 | ||||
| Depreciation | 3,620 | 7,941 | 6,254 | 15,000 | 3,007 | 1,845 | 860 | |
| Amortisation | 0 | 0 | 0 | 435,000 | 0 | 0 | 0 | |
| Tax | 192,675 | -450,010 | 749,589 | 104,000 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,020,546 | 439,914 | -791,055 | 2,352,004 | 121,274 | 394,734 | 453,056 | 133,932 |
| Creditors | -56,471 | 7,559 | -224,170 | 367,152 | -49,738 | 50,062 | 4,556 | 2,968 |
| Accruals and Deferred Income | -96,875 | 410,595 | -2,601,422 | 2,700,482 | 456,853 | -9,924 | 427,626 | 18,963 |
| Deferred Taxes & Provisions | 0 | 0 | -279,000 | 279,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,999,590 | -14,981 | -1,468,551 | 482,630 | ||||
| Investing Activities | ||||||||
| capital expenditure | 0 | |||||||
| Change in Investments | 0 | 0 | 18,807,129 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | |||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,482,690 | 6,555,804 | -2,585,376 | 14,334,867 | 30,712 | 594,859 | -726,342 | 764,904 |
| Other Short Term Loans | 0 | -7,151,345 | 7,151,345 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -4,389,000 | 4,389,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | -105,966 | -501,317 | 0 | ||||
| cash flow from financing | 1,603,399 | 2,455 | 1,572,866 | 18,723,376 | ||||
| cash and cash equivalents | ||||||||
| cash | -394,119 | -12,527 | -317,848 | 354,767 | 269,148 | 188,779 | -645,175 | 653,481 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -394,119 | -12,527 | -317,848 | 354,767 | 269,148 | 188,779 | -645,175 | 653,481 |
glassbox digital uk ltd Credit Report and Business Information
Glassbox Digital Uk Ltd Competitor Analysis
Perform a competitor analysis for glassbox digital uk ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NR1 area or any other competitors across 12 key performance metrics.
glassbox digital uk ltd Ownership
GLASSBOX DIGITAL UK LTD group structure
Glassbox Digital Uk Ltd has 1 subsidiary company.
Ultimate parent company
GLASSBOX LTD
#0113662
CLARISITE LTD
#0109345
2 parents
GLASSBOX DIGITAL UK LTD
09879009
1 subsidiary
glassbox digital uk ltd directors
Glassbox Digital Uk Ltd currently has 2 directors. The longest serving directors include Mr Alexander Assim (Dec 2024) and Mr Jeff Kupietzky (Dec 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Assim | England | 31 years | Dec 2024 | - | Director |
| Mr Jeff Kupietzky | England | 54 years | Dec 2024 | - | Director |
P&L
December 2023turnover
2.6m
-45%
operating profit
-22k
-105%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.2m
+0.16%
total assets
24m
+0.07%
cash
96.5k
-0.8%
net assets
Total assets minus all liabilities
Similar Companies
glassbox digital uk ltd company details
company number
09879009
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
clarisite uk ltd (May 2016)
accountant
-
auditor
FORVIS MAZARS
address
st vedast house st vedast house, 5-7 st. vedast street, norwich, NR1 1BT
Bank
-
Legal Advisor
-
glassbox digital uk 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 found 2 charges/mortgages relating to glassbox digital uk ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
glassbox digital uk 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 GLASSBOX DIGITAL UK LTD. This can take several minutes, an email will notify you when this has completed.
glassbox digital uk ltd Companies House Filings - See Documents
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