glassingall estate limited
glassingall estate limited Company Information
Company Number
SC591203
Website
-Registered Address
56 george street, edinburgh, EH2 2LR
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
December 2024
Group Structure
View All
Shareholders
highland & universal investments limited 100%
glassingall estate limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSINGALL ESTATE LIMITED at £10.5m based on a Turnover of £4.1m and 2.56x industry multiple (adjusted for size and gross margin).
glassingall estate limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSINGALL ESTATE LIMITED at £0 based on an EBITDA of £-34k and a 5.6x industry multiple (adjusted for size and gross margin).
glassingall estate limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSINGALL ESTATE LIMITED at £0 based on Net Assets of £-276.1k and 1.6x industry multiple (adjusted for liquidity).
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Glassingall Estate Limited Overview
Glassingall Estate Limited is a live company located in edinburgh, EH2 2LR with a Companies House number of SC591203. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2018, it's largest shareholder is highland & universal investments limited with a 100% stake. Glassingall Estate Limited is a young, small sized company, Pomanda has estimated its turnover at £4.1m with low growth in recent years.
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Glassingall Estate Limited Health Check
Pomanda's financial health check has awarded Glassingall Estate Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £4.1m, make it larger than the average company (£801.6k)
- Glassingall Estate Limited
£801.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (1.9%)
- Glassingall Estate Limited
1.9% - Industry AVG
Production
with a gross margin of 33.1%, this company has a higher cost of product (74.3%)
- Glassingall Estate Limited
74.3% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (36.9%)
- Glassingall Estate Limited
36.9% - Industry AVG
Employees
with 10 employees, this is above the industry average (4)
- Glassingall Estate Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
- Glassingall Estate Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £410.5k, this is more efficient (£172.7k)
- Glassingall Estate Limited
£172.7k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (30 days)
- Glassingall Estate Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 174 days, this is slower than average (37 days)
- Glassingall Estate Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glassingall Estate Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glassingall Estate Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 126.7%, this is a higher level of debt than the average (62.7%)
126.7% - Glassingall Estate Limited
62.7% - Industry AVG
GLASSINGALL ESTATE LIMITED financials
Glassingall Estate Limited's latest turnover from March 2023 is estimated at £4.1 million and the company has net assets of -£276.1 thousand. According to their latest financial statements, we estimate that Glassingall Estate Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,035,621 | 999,341 | 1,097,986 | 914,896 | 910,825 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,035,621 | 999,341 | 1,097,986 | 914,896 | 910,825 |
| total assets | 1,035,621 | 999,341 | 1,097,986 | 914,896 | 910,825 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,311,674 | 1,241,427 | 1,115,973 | 927,722 | 916,007 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,311,674 | 1,241,427 | 1,115,973 | 927,722 | 916,007 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,311,674 | 1,241,427 | 1,115,973 | 927,722 | 916,007 |
| net assets | -276,053 | -242,086 | -17,987 | -12,826 | -5,182 |
| total shareholders funds | -276,053 | -242,086 | -17,987 | -12,826 | -5,182 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,280 | -98,645 | 183,090 | 4,071 | 910,825 |
| Creditors | 70,247 | 125,454 | 188,251 | 11,715 | 916,007 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
glassingall estate limited Credit Report and Business Information
Glassingall Estate Limited Competitor Analysis
Perform a competitor analysis for glassingall estate limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
glassingall estate limited Ownership
GLASSINGALL ESTATE LIMITED group structure
Glassingall Estate Limited has no subsidiary companies.
Ultimate parent company
2 parents
GLASSINGALL ESTATE LIMITED
SC591203
glassingall estate limited directors
Glassingall Estate Limited currently has 2 directors. The longest serving directors include Mr Gary McCabe (Mar 2018) and Mr Iain MacKintosh (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary McCabe | Scotland | 52 years | Mar 2018 | - | Director |
| Mr Iain MacKintosh | Scotland | 53 years | Mar 2018 | - | Director |
P&L
March 2023turnover
4.1m
+14%
operating profit
-34k
0%
gross margin
33.2%
+2.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-276.1k
+0.14%
total assets
1m
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
glassingall estate limited company details
company number
SC591203
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
March 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
56 george street, edinburgh, EH2 2LR
last accounts submitted
March 2023
glassingall estate 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 did not find charges/mortgages relating to glassingall estate limited.
glassingall estate limited Companies House Filings - See Documents
| date | description | view/download |
|---|
