glow energy group ltd
glow energy group ltd Company Information
Company Number
10660202
Next Accounts
572 days late
Industry
Other personal service activities n.e.c.
Shareholders
melanie burns
ian humphreys
View AllGroup Structure
View All
Contact
Registered Address
fortis insolvency limited 683-69, wilmslow road, manchester, M20 6RE
Website
glowenergygroup.co.ukglow energy group ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOW ENERGY GROUP LTD at £465.6k based on a Turnover of £650.1k and 0.72x industry multiple (adjusted for size and gross margin).
glow energy group ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOW ENERGY GROUP LTD at £21.2k based on an EBITDA of £5k and a 4.22x industry multiple (adjusted for size and gross margin).
glow energy group ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOW ENERGY GROUP LTD at £861 based on Net Assets of £380 and 2.27x industry multiple (adjusted for liquidity).
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Glow Energy Group Ltd Overview
Glow Energy Group Ltd is a live company located in manchester, M20 6RE with a Companies House number of 10660202. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2017, it's largest shareholder is melanie burns with a 33.3% stake. Glow Energy Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £650.1k with healthy growth in recent years.
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Glow Energy Group Ltd Health Check
Pomanda's financial health check has awarded Glow Energy Group Ltd a 2 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
4 Regular
6 Weak
Size
annual sales of £650.1k, make it in line with the average company (£774.9k)
- Glow Energy Group Ltd
£774.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (2.2%)
- Glow Energy Group Ltd
2.2% - Industry AVG
Production
with a gross margin of 39.4%, this company has a comparable cost of product (39.4%)
- Glow Energy Group Ltd
39.4% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.8%)
- Glow Energy Group Ltd
5.8% - Industry AVG
Employees
with 8 employees, this is below the industry average (14)
8 - Glow Energy Group Ltd
14 - Industry AVG
Pay Structure
on an average salary of £28.1k, the company has an equivalent pay structure (£28.1k)
- Glow Energy Group Ltd
£28.1k - Industry AVG
Efficiency
resulting in sales per employee of £81.3k, this is equally as efficient (£73.8k)
- Glow Energy Group Ltd
£73.8k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (32 days)
- Glow Energy Group Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (40 days)
- Glow Energy Group Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is more than average (41 days)
- Glow Energy Group Ltd
41 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glow Energy Group Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (46.5%)
99.9% - Glow Energy Group Ltd
46.5% - Industry AVG
GLOW ENERGY GROUP LTD financials
Glow Energy Group Ltd's latest turnover from September 2021 is estimated at £650.1 thousand and the company has net assets of £380. According to their latest financial statements, Glow Energy Group Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | |
|---|---|---|---|---|
| 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 | 8 | 4 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | |
|---|---|---|---|---|
| Tangible Assets | 2,563 | 3,860 | 4,544 | 5,587 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,563 | 3,860 | 4,544 | 5,587 |
| Stock & work in progress | 63,681 | 2,000 | 0 | 0 |
| Trade Debtors | 94,028 | 38,130 | 120,724 | 76,379 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 162,558 | 108,067 | 0 | 0 |
| Cash | 0 | 427 | 3,945 | 10,777 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 320,267 | 148,624 | 124,669 | 87,156 |
| total assets | 322,830 | 152,484 | 129,213 | 92,743 |
| Bank overdraft | 80,509 | 0 | 0 | 0 |
| Bank loan | 0 | 50,000 | 0 | 0 |
| Trade Creditors | 25,730 | 42,729 | 121,855 | 53,548 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 215,570 | 58,384 | 0 | 0 |
| total current liabilities | 321,809 | 151,113 | 121,855 | 53,548 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 8,362 | 0 |
| provisions | 641 | 734 | 773 | 950 |
| total long term liabilities | 641 | 734 | 9,135 | 950 |
| total liabilities | 322,450 | 151,847 | 130,990 | 54,498 |
| net assets | 380 | 637 | -1,777 | 38,245 |
| total shareholders funds | 380 | 637 | -1,777 | 38,245 |
| Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,297 | 684 | 2,339 | 1,678 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 61,681 | 2,000 | 0 | 0 |
| Debtors | 110,389 | 25,473 | 44,345 | 76,379 |
| Creditors | -16,999 | -79,126 | 68,307 | 53,548 |
| Accruals and Deferred Income | 157,186 | 58,384 | 0 | 0 |
| Deferred Taxes & Provisions | -93 | -39 | -177 | 950 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -50,000 | 50,000 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -8,362 | 8,362 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -427 | -3,518 | -6,832 | 10,777 |
| overdraft | 80,509 | 0 | 0 | 0 |
| change in cash | -80,936 | -3,518 | -6,832 | 10,777 |
glow energy group ltd Credit Report and Business Information
Glow Energy Group Ltd Competitor Analysis
Perform a competitor analysis for glow energy group ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in M20 area or any other competitors across 12 key performance metrics.
glow energy group ltd Ownership
GLOW ENERGY GROUP LTD group structure
Glow Energy Group Ltd has no subsidiary companies.
Ultimate parent company
GLOW ENERGY GROUP LTD
10660202
glow energy group ltd directors
Glow Energy Group Ltd currently has 2 directors. The longest serving directors include Mr Ian Humphreys (Mar 2017) and Ms Melanie Burns (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Humphreys | United Kingdom | 47 years | Mar 2017 | - | Director |
| Ms Melanie Burns | United Kingdom | 44 years | Oct 2018 | - | Director |
P&L
September 2021turnover
650.1k
+97%
operating profit
3.7k
0%
gross margin
39.5%
+0.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
380
-0.4%
total assets
322.8k
+1.12%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
glow energy group ltd company details
company number
10660202
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2021
previous names
N/A
accountant
-
auditor
-
address
fortis insolvency limited 683-69, wilmslow road, manchester, M20 6RE
Bank
-
Legal Advisor
-
glow energy group 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 glow energy group ltd.
glow energy group 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 GLOW ENERGY GROUP LTD. This can take several minutes, an email will notify you when this has completed.
glow energy group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
