Pomanda estimates the enterprise value of TOPGLASS LTD at £116.3k based on a Turnover of £290.6k and 0.4x industry multiple (adjusted for size and gross margin).
topglass ltdEstimated Valuation
£9.8k
Pomanda estimates the enterprise value of TOPGLASS LTD at £9.8k based on an EBITDA of £3.5k and a 2.79x industry multiple (adjusted for size and gross margin).
topglass ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TOPGLASS LTD at £0 based on Net Assets of £-341 and 2.1x industry multiple (adjusted for liquidity).
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Topglass LtdOverview
Topglass Ltd is a live company located in bromsgrove, B60 4BU with a Companies House number of 11391463. It operates in the manufacture of hollow glass sector, SIC Code 23130. Founded in May 2018, it's largest shareholder is
stuart john fletcher
with a 100% stake. Topglass Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£290.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Topglass Ltd a 3 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
Health Rating3out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £290.6k, make it smaller than the average company (£46.1m)
£290.6k - Topglass Ltd
£46.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (10.8%)
-3% - Topglass Ltd
10.8% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (26%)
26% - Topglass Ltd
26% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.8%)
0.9% - Topglass Ltd
5.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (130)
3 - Topglass Ltd
130 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
£39.8k - Topglass Ltd
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £96.9k, this is less efficient (£249.3k)
£96.9k - Topglass Ltd
£249.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (39 days)
1 days - Topglass Ltd
39 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Topglass Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (94 days)
13 days - Topglass Ltd
94 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 32 weeks, this is more cash available to meet short term requirements (15 weeks)
32 weeks - Topglass Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.5%, this is a higher level of debt than the average (42.6%)
101.5% - Topglass Ltd
42.6% - Industry AVG
TOPGLASS LTD financials
EXPORT
Topglass Ltd's latest turnover from May 2024 is estimated at £290.6 thousand and the company has net assets of -£341. According to their latest financial statements, Topglass Ltd has 3 employees and maintains cash reserves of £10 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Turnover
290,579
383,435
334,498
316,938
304,296
142,646
Other Income Or Grants
Cost Of Sales
214,934
286,039
242,510
228,310
219,254
104,147
Gross Profit
75,645
97,396
91,988
88,628
85,042
38,498
Admin Expenses
73,018
116,738
81,152
86,274
77,383
32,490
Operating Profit
2,627
-19,342
10,836
2,354
7,659
6,008
Interest Payable
2,048
2,667
2,065
915
Interest Receivable
496
1,176
352
15
7
39
Pre-Tax Profit
1,076
-20,833
9,123
1,454
7,665
6,047
Tax
-269
-1,733
-276
-1,456
-1,149
Profit After Tax
807
-20,833
7,390
1,178
6,209
4,898
Dividends Paid
Retained Profit
807
-20,833
7,390
1,178
6,209
4,898
Employee Costs
119,402
151,064
146,379
140,816
132,003
68,563
Number Of Employees
3
4
4
4
4
2
EBITDA*
3,527
-19,342
10,836
2,354
7,659
6,008
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Tangible Assets
3,600
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,600
Stock & work in progress
7,670
8,550
7,730
8,180
6,900
5,250
Trade Debtors
1,350
1,060
2,376
4,672
4,480
3,800
Group Debtors
Misc Debtors
656
8,705
8,326
9,546
5,400
Cash
10,023
8,887
43,375
27,040
2,897
10,291
misc current assets
total current assets
19,699
27,202
61,807
49,438
19,677
19,341
total assets
23,299
27,202
61,807
49,438
19,677
19,341
Bank overdraft
7,200
6,000
6,000
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
9,040
6,550
13,122
7,143
8,560
14,433
total current liabilities
16,240
12,550
19,122
7,143
8,560
14,433
loans
7,400
15,800
23,000
30,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
7,400
15,800
23,000
30,000
total liabilities
23,640
28,350
42,122
37,143
8,560
14,433
net assets
-341
-1,148
19,685
12,295
11,117
4,908
total shareholders funds
-341
-1,148
19,685
12,295
11,117
4,908
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Operating Activities
Operating Profit
2,627
-19,342
10,836
2,354
7,659
6,008
Depreciation
900
Amortisation
Tax
-269
-1,733
-276
-1,456
-1,149
Stock
-880
820
-450
1,280
1,650
5,250
Debtors
-7,759
-937
-3,516
4,338
6,080
3,800
Creditors
Accruals and Deferred Income
2,490
-6,572
5,979
-1,417
-5,873
14,433
Deferred Taxes & Provisions
Cash flow from operations
14,387
-25,797
19,048
-4,957
-7,400
10,242
Investing Activities
capital expenditure
-4,500
Change in Investments
cash flow from investments
-4,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-8,400
-7,200
-7,000
30,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
10
interest
-1,552
-1,491
-1,713
-900
7
39
cash flow from financing
-9,952
-8,691
-8,713
29,100
7
49
cash and cash equivalents
cash
1,136
-34,488
16,335
24,143
-7,394
10,291
overdraft
1,200
6,000
change in cash
-64
-34,488
10,335
24,143
-7,394
10,291
topglass ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for topglass ltd. Get real-time insights into topglass ltd's credit score, group structure and payment trends.
Perform a competitor analysis for topglass ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in B60 area or any other competitors across 12 key performance metrics.
topglass ltd Ownership
TOPGLASS LTD group structure
Topglass Ltd has no subsidiary companies.
Ultimate parent company
TOPGLASS LTD
11391463
TOPGLASS LTD Shareholders
The sole shareholder of Topglass Ltd is Stuart John Fletcher.
stuart john fletcher
100%
topglass ltd directors
Topglass Ltd currently has 1 director, Mr Stuart Fletcher serving since May 2018.
47520 - Retail sale of hardware, paints and glass in specialised stores
23130 - Manufacture of hollow glass
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
unit 4 hanbury road, hanbury, bromsgrove, B60 4BU
Bank
-
Legal Advisor
-
topglass 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 topglass ltd.
topglass 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.
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topglass ltdCompanies House Filings - See Documents
