glenfield storage solutions limited
glenfield storage solutions limited Company Information
Company Number
10162853
Website
-Registered Address
mill lane industrial estate, the mill lane, glenfield, leicester, LE3 8DX
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Stephen Penrice1 Years
Shareholders
de mis ohandjanian 50%
lindsay khan 50%
glenfield storage solutions limited Estimated Valuation
The estimated valuation range for glenfield storage solutions limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £676.5k to £12m
glenfield storage solutions limited Estimated Valuation
The estimated valuation range for glenfield storage solutions limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £676.5k to £12m
glenfield storage solutions limited Estimated Valuation
The estimated valuation range for glenfield storage solutions limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £676.5k to £12m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Glenfield Storage Solutions Limited Overview
Glenfield Storage Solutions Limited is a live company located in glenfield, LE3 8DX with a Companies House number of 10162853. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2016, it's largest shareholder is de mis ohandjanian with a 50% stake. Glenfield Storage Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.
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Glenfield Storage Solutions Limited Health Check
Pomanda's financial health check has awarded Glenfield Storage Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £4.2m, make it larger than the average company (£865k)
- Glenfield Storage Solutions Limited
£865k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (1.2%)
- Glenfield Storage Solutions Limited
1.2% - Industry AVG
Production
with a gross margin of 70.2%, this company has a comparable cost of product (70.2%)
- Glenfield Storage Solutions Limited
70.2% - Industry AVG
Profitability
an operating margin of 4.3% make it less profitable than the average company (34.8%)
- Glenfield Storage Solutions Limited
34.8% - Industry AVG
Employees
with 25 employees, this is above the industry average (4)
25 - Glenfield Storage Solutions Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Glenfield Storage Solutions Limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £167.9k, this is equally as efficient (£188.6k)
- Glenfield Storage Solutions Limited
£188.6k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (34 days)
- Glenfield Storage Solutions Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 212 days, this is slower than average (33 days)
- Glenfield Storage Solutions Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glenfield Storage Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - Glenfield Storage Solutions Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.4%, this is a higher level of debt than the average (69.9%)
81.4% - Glenfield Storage Solutions Limited
69.9% - Industry AVG
glenfield storage solutions limited Credit Report and Business Information
Glenfield Storage Solutions Limited Competitor Analysis
Perform a competitor analysis for glenfield storage solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
glenfield storage solutions limited Ownership
GLENFIELD STORAGE SOLUTIONS LIMITED group structure
Glenfield Storage Solutions Limited has no subsidiary companies.
Ultimate parent company
GLENFIELD STORAGE SOLUTIONS LIMITED
10162853
glenfield storage solutions limited directors
Glenfield Storage Solutions Limited currently has 1 director, Mr Stephen Penrice serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Penrice | United Kingdom | 66 years | Aug 2022 | - | Director |
GLENFIELD STORAGE SOLUTIONS LIMITED financials
Glenfield Storage Solutions Limited's latest turnover from December 2022 is estimated at £4.2 million and the company has net assets of £419.9 thousand. According to their latest financial statements, Glenfield Storage Solutions Limited has 25 employees and maintains cash reserves of £168.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 25 | 25 | 25 | 20 | 27 | 30 | 35 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 323,933 | 364,853 | 387,265 | 394,149 | 421,117 | 540,773 | 510,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 450,000 | 450,000 | 150,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 773,933 | 814,853 | 537,265 | 394,149 | 421,117 | 540,773 | 510,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 449,499 | 598,049 | 557,555 | 519,109 | 507,970 | 374,286 | 334,206 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 867,021 | 909,262 | 858,558 | 984,668 | 599,338 | 335,005 | 537,419 |
| Cash | 168,321 | 167,296 | 556,789 | 56,199 | 187,282 | 277,690 | 308,821 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,484,841 | 1,674,607 | 1,972,902 | 1,559,976 | 1,294,590 | 986,981 | 1,180,446 |
| total assets | 2,258,774 | 2,489,460 | 2,510,167 | 1,954,125 | 1,715,707 | 1,527,754 | 1,690,446 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 50,000 | 50,000 | 20,833 | 0 | 0 | 0 | 0 |
| Trade Creditors | 728,732 | 1,061,394 | 928,592 | 661,376 | 575,204 | 701,221 | 1,041,854 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 673,992 | 631,370 | 757,320 | 685,130 | 499,411 | 553,062 | 540,014 |
| total current liabilities | 1,452,724 | 1,742,764 | 1,706,745 | 1,346,506 | 1,074,615 | 1,254,283 | 1,581,868 |
| loans | 129,167 | 179,167 | 229,167 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 253,371 | 253,371 | 254,871 | 254,871 | 284,746 | 233,290 | 206,225 |
| provisions | 3,597 | 10,421 | 42,062 | 1,412 | 792 | 0 | 0 |
| total long term liabilities | 386,135 | 442,959 | 526,100 | 256,283 | 285,538 | 233,290 | 206,225 |
| total liabilities | 1,838,859 | 2,185,723 | 2,232,845 | 1,602,789 | 1,360,153 | 1,487,573 | 1,788,093 |
| net assets | 419,915 | 303,737 | 277,322 | 351,336 | 355,554 | 40,181 | -97,647 |
| total shareholders funds | 419,915 | 303,737 | 277,322 | 351,336 | 355,554 | 40,181 | -97,647 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 44,437 | 45,636 | 37,951 | 36,090 | 32,084 | 18,026 | 2,150 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -190,791 | 91,198 | -87,664 | 396,469 | 398,017 | 709,291 | 871,625 |
| Creditors | -332,662 | 132,802 | 267,216 | 86,172 | -126,017 | 701,221 | 1,041,854 |
| Accruals and Deferred Income | 42,622 | -125,950 | 72,190 | 185,719 | -53,651 | 553,062 | 540,014 |
| Deferred Taxes & Provisions | -6,824 | -31,641 | 40,650 | 620 | 792 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 300,000 | 150,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 29,167 | 20,833 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -50,000 | -50,000 | 229,167 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -1,500 | 0 | -29,875 | 51,456 | 233,290 | 206,225 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 1,025 | -389,493 | 500,590 | -131,083 | -90,408 | 277,690 | 308,821 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,025 | -389,493 | 500,590 | -131,083 | -90,408 | 277,690 | 308,821 |
P&L
December 2022turnover
4.2m
-10%
operating profit
180.4k
0%
gross margin
70.2%
+2.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
419.9k
+0.38%
total assets
2.3m
-0.09%
cash
168.3k
+0.01%
net assets
Total assets minus all liabilities
glenfield storage solutions limited company details
company number
10162853
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
widdowson leasehold limited (October 2016)
incorporated
UK
address
mill lane industrial estate, the mill lane, glenfield, leicester, LE3 8DX
last accounts submitted
December 2022
glenfield storage 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 found 2 charges/mortgages relating to glenfield storage solutions limited. Currently there are 2 open charges and 0 have been satisfied in the past.
glenfield storage solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
