glenprop 1 limited
glenprop 1 limited Company Information
Company Number
SC522292
Registered Address
4 royal crescent, glasgow, G3 7SL
Industry
Hotels and similar accommodation
Telephone
01316293443
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
glencairn properties (scotland) ltd 100%
glenprop 1 limited Estimated Valuation
Pomanda estimates the enterprise value of GLENPROP 1 LIMITED at £9.9m based on a Turnover of £7.4m and 1.34x industry multiple (adjusted for size and gross margin).
glenprop 1 limited Estimated Valuation
Pomanda estimates the enterprise value of GLENPROP 1 LIMITED at £0 based on an EBITDA of £-9.1k and a 5.25x industry multiple (adjusted for size and gross margin).
glenprop 1 limited Estimated Valuation
Pomanda estimates the enterprise value of GLENPROP 1 LIMITED at £48.6k based on Net Assets of £25.5k and 1.91x industry multiple (adjusted for liquidity).
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Glenprop 1 Limited Overview
Glenprop 1 Limited is a live company located in glasgow, G3 7SL with a Companies House number of SC522292. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in December 2015, it's largest shareholder is glencairn properties (scotland) ltd with a 100% stake. Glenprop 1 Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.4m with rapid growth in recent years.
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Glenprop 1 Limited Health Check
Pomanda's financial health check has awarded Glenprop 1 Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £7.4m, make it larger than the average company (£4.6m)
- Glenprop 1 Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 94%, show it is growing at a faster rate (1.3%)
- Glenprop 1 Limited
1.3% - Industry AVG
Production
with a gross margin of 62.7%, this company has a comparable cost of product (62.7%)
- Glenprop 1 Limited
62.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (9.4%)
- Glenprop 1 Limited
9.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (77)
2 - Glenprop 1 Limited
77 - Industry AVG
Pay Structure
on an average salary of £21.9k, the company has an equivalent pay structure (£21.9k)
- Glenprop 1 Limited
£21.9k - Industry AVG
Efficiency
resulting in sales per employee of £3.7m, this is more efficient (£64.8k)
- Glenprop 1 Limited
£64.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Glenprop 1 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (48 days)
- Glenprop 1 Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 711 days, this is more than average (8 days)
- Glenprop 1 Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (8 weeks)
6 weeks - Glenprop 1 Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.6%, this is a higher level of debt than the average (74%)
99.6% - Glenprop 1 Limited
74% - Industry AVG
GLENPROP 1 LIMITED financials
Glenprop 1 Limited's latest turnover from March 2023 is estimated at £7.4 million and the company has net assets of £25.5 thousand. According to their latest financial statements, Glenprop 1 Limited has 2 employees and maintains cash reserves of £447.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 5,403,032 | 2,096,702 | 1,353,483 | 820,112 | 797,989 | 765,904 | 0 |
| Trade Debtors | 0 | 0 | 12,742 | 8,255 | 4,950 | 3,600 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 22,937 | 18,125 | 3,692 | 800 | 1,582 | 423 | 0 |
| Cash | 447,446 | 13,622 | 5,727 | 7,731 | 29,504 | 15,367 | 2 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,873,415 | 2,128,449 | 1,375,644 | 836,898 | 834,025 | 785,294 | 2 |
| total assets | 5,873,415 | 2,128,449 | 1,375,644 | 836,898 | 834,025 | 785,294 | 2 |
| Bank overdraft | 1,330 | 0 | 1,108 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,775 | 50,594 | 10,963 | 1,254 | 5,681 | 10,136 | 0 |
| Group/Directors Accounts | 0 | 0 | 1,316,343 | 801,343 | 801,043 | 768,806 | 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 | 3,415,596 | 2,048,343 | 6,000 | 4,868 | 8,462 | 5,533 | 0 |
| total current liabilities | 3,463,701 | 2,098,937 | 1,334,414 | 807,465 | 815,186 | 784,475 | 0 |
| loans | 2,882 | 4,212 | 5,542 | 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 | 2,381,354 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,384,236 | 4,212 | 5,542 | 0 | 0 | 0 | 0 |
| total liabilities | 5,847,937 | 2,103,149 | 1,339,956 | 807,465 | 815,186 | 784,475 | 0 |
| net assets | 25,478 | 25,300 | 35,688 | 29,433 | 18,839 | 819 | 2 |
| total shareholders funds | 25,478 | 25,300 | 35,688 | 29,433 | 18,839 | 819 | 2 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 3,306,330 | 743,219 | 533,371 | 22,123 | 32,085 | 765,904 | 0 |
| Debtors | 4,812 | 1,691 | 7,379 | 2,523 | 2,509 | 4,023 | 0 |
| Creditors | -3,819 | 39,631 | 9,709 | -4,427 | -4,455 | 10,136 | 0 |
| Accruals and Deferred Income | 1,367,253 | 2,042,343 | 1,132 | -3,594 | 2,929 | 5,533 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -1,316,343 | 515,000 | 300 | 32,237 | 768,806 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,330 | -1,330 | 5,542 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 2,381,354 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 433,824 | 7,895 | -2,004 | -21,773 | 14,137 | 15,367 | 2 |
| overdraft | 1,330 | -1,108 | 1,108 | 0 | 0 | 0 | 0 |
| change in cash | 432,494 | 9,003 | -3,112 | -21,773 | 14,137 | 15,367 | 2 |
glenprop 1 limited Credit Report and Business Information
Glenprop 1 Limited Competitor Analysis
Perform a competitor analysis for glenprop 1 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
glenprop 1 limited Ownership
GLENPROP 1 LIMITED group structure
Glenprop 1 Limited has no subsidiary companies.
Ultimate parent company
1 parent
GLENPROP 1 LIMITED
SC522292
glenprop 1 limited directors
Glenprop 1 Limited currently has 3 directors. The longest serving directors include Mr Barry Teague (Dec 2015) and Mr Daryl Teague (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Teague | Scotland | 39 years | Dec 2015 | - | Director |
| Mr Daryl Teague | Scotland | 37 years | Dec 2015 | - | Director |
| Mr Daryl Teague | 37 years | Dec 2015 | - | Director |
P&L
March 2023turnover
7.4m
+186%
operating profit
-9.1k
0%
gross margin
62.7%
+9.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
25.5k
+0.01%
total assets
5.9m
+1.76%
cash
447.4k
+31.85%
net assets
Total assets minus all liabilities
glenprop 1 limited company details
company number
SC522292
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
December 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
4 royal crescent, glasgow, G3 7SL
last accounts submitted
March 2023
glenprop 1 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 4 charges/mortgages relating to glenprop 1 limited. Currently there are 3 open charges and 1 have been satisfied in the past.
glenprop 1 limited Companies House Filings - See Documents
| date | description | view/download |
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