glassingall estate limited

3

glassingall estate limited Company Information

Share GLASSINGALL ESTATE LIMITED
Live 
YoungSmallLow

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

Directors

Gary McCabe6 Years

Iain MacKintosh6 Years

Shareholders

highland & universal investments limited 100%

glassingall estate limited Estimated Valuation

£10.5m

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

£0

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

£0

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £4.1m, make it larger than the average company (£801.6k)

£4.1m - Glassingall Estate Limited

£801.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (1.9%)

2% - Glassingall Estate Limited

1.9% - Industry AVG

production

Production

with a gross margin of 33.1%, this company has a higher cost of product (74.3%)

33.1% - Glassingall Estate Limited

74.3% - Industry AVG

profitability

Profitability

an operating margin of -0.8% make it less profitable than the average company (36.9%)

-0.8% - Glassingall Estate Limited

36.9% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (4)

10 - Glassingall Estate Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)

£30.5k - Glassingall Estate Limited

£30.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £410.5k, this is more efficient (£172.7k)

£410.5k - Glassingall Estate Limited

£172.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 92 days, this is later than average (30 days)

92 days - Glassingall Estate Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 174 days, this is slower than average (37 days)

174 days - Glassingall Estate Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Glassingall Estate Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Glassingall Estate Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover4,105,1403,615,0274,134,1413,879,6913,900,030
Other Income Or Grants00000
Cost Of Sales2,745,1702,440,9692,705,5162,571,4442,612,644
Gross Profit1,359,9701,174,0581,428,6251,308,2471,287,386
Admin Expenses1,393,9371,398,1571,433,7861,315,8911,292,568
Operating Profit-33,967-224,099-5,161-7,644-5,182
Interest Payable00000
Interest Receivable00000
Pre-Tax Profit-33,967-224,099-5,161-7,644-5,182
Tax00000
Profit After Tax-33,967-224,099-5,161-7,644-5,182
Dividends Paid00000
Retained Profit-33,967-224,099-5,161-7,644-5,182
Employee Costs305,025289,820349,200329,112327,162
Number Of Employees1010131212
EBITDA*-33,967-224,099-5,161-7,644-5,182

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets00000
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets00000
Stock & work in progress00000
Trade Debtors1,035,621999,3411,097,986914,896910,825
Group Debtors00000
Misc Debtors00000
Cash00000
misc current assets00000
total current assets1,035,621999,3411,097,986914,896910,825
total assets1,035,621999,3411,097,986914,896910,825
Bank overdraft00000
Bank loan00000
Trade Creditors 1,311,6741,241,4271,115,973927,722916,007
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities00000
total current liabilities1,311,6741,241,4271,115,973927,722916,007
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities00000
total liabilities1,311,6741,241,4271,115,973927,722916,007
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 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-33,967-224,099-5,161-7,644-5,182
Depreciation00000
Amortisation00000
Tax00000
Stock00000
Debtors36,280-98,645183,0904,071910,825
Creditors70,247125,454188,25111,715916,007
Accruals and Deferred Income00000
Deferred Taxes & Provisions00000
Cash flow from operations00000
Investing Activities
capital expenditure00000
Change in Investments00000
cash flow from investments00000
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue00000
interest00000
cash flow from financing00000
cash and cash equivalents
cash00000
overdraft00000
change in cash00000

glassingall estate limited 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 glassingall estate limited. Get real-time insights into glassingall estate limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Glassingall Estate Limited Competitor Analysis

BETA
competitor_analysis_table_img

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 Shareholders

highland & universal investments limited 100%

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).

officercountryagestartendrole
Mr Gary McCabeScotland52 years Mar 2018- Director
Mr Iain MacKintoshScotland53 years Mar 2018- Director

P&L

March 2023

turnover

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 2023

net assets

-276.1k

+0.14%

total assets

1m

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

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.

charges

glassingall estate limited Companies House Filings - See Documents

datedescriptionview/download