GLASSWELLS LIMITED

GLASSWELLS, NEWMARKET ROAD, BURY ST EDMUNDS, SUFFOLK, IP33 3TU, IP33 3TU

Company Number: 00602166
Incorporation date: 03-Apr-1958
Status: Active
Entity type: Private Limited Company

SIC codes:
47530 Retail sale of carpets, rugs, wall and floor coverings in specialised stores
47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
52103 Operation of warehousing and storage facilities for land transport activities



SUMMARY

This company is 66.3 years old and is currently active. It is controlled by Mr Paul Jeremy Glasswell. The company has positive equity (net assets) of GBP 32.5 million which has increased from GBP 32.1 million in the previous year. The latest reported revenue figure is GBP 24.2 million which is similar to the previous year's figure of GBP 25 million. The company has 4 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Nov-2024
Accounts Filed: FULL (25-Feb-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
23-Feb-2019 GBP 24,249,008 1,315,141 58,336 609,103 735,140
24-Feb-2018 GBP 25,043,061 2,306,841 35,950 327,923 1,981,399
25-Feb-2017 GBP 25,390,807 2,314,682 33,483 432,128 1,867,187
27-Feb-2016 GBP 23,329,854 2,431,032 101,332 392,240 2,093,690
28-Feb-2015 GBP 22,015,633 1,977,258 43,262 53,297 482,737 1,484,486
01-Mar-2014 GBP 20,673,406 1,305,624 14,199 60,375 340,184 919,264
23-Feb-2013 GBP 20,152,656 1,413,052 7,263 79,086 10 21
25-Feb-2012 GBP 18,903,564 548,082 2,378 92,649 187,584 270,227
28-Feb-2010 GBP 21,505,815 1,057,901 3,436 84,962 351,451 624,924
01-Mar-2009 GBP 22,398,678 1,380,397 7,836 94,338 480,663 813,232
28-Feb-2009 GBP 18,975,919 753,647 11,694 274,240 -167,210


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
23-Feb-2019 GBP 140,000 26,973,240 32,485,391
24-Feb-2018 GBP 7,610,528 12,507,826 2,035,058 140,000 25,731,363 32,065,305
25-Feb-2017 GBP 6,217,725 10,471,836 1,946,520 140,000 23,399,264 29,782,917
27-Feb-2016 GBP 4,932,227 9,301,487 6,255,014 140,000 22,013,568 28,124,057
28-Feb-2015 GBP 3,936,251 8,100,705 3,847,177 140,000 19,333,326 19,473,326
01-Mar-2014 GBP 2,538,377 6,371,593 4,319,769 140,000 17,848,840 17,988,840
23-Feb-2013 GBP 1,087,631 4,893,013 4,156,320 440,000 16,929,576 17,069,576
25-Feb-2012 GBP 1,106,533 4,619,084 426,520 16 140,000 15,972,817 16,112,817
28-Feb-2010 GBP 1,159,439 4,929,721 5,476,830 6,298,253 140,000 15,702,590 15,842,590
01-Mar-2009 GBP 814,541 4,580,382 6,118,261 6,528,331 140,000 15,077,666 15,217,666
28-Feb-2009 GBP 92,296 3,819,839 6,020,767 7,471,813 140,000 14,264,434 14,404,434

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
01-Mar-2014 GBP -214.29% -300,000 440,000 140,000 2,715,041
23-Feb-2013 GBP 68.18% 300,000 140,000 440,000 1,271,086
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Terry GLASSWELL 14 Apr 1998 09 Sep 2011 House Furnisher British 0 - 6
Resigned Terry GLASSWELL 09 Sep 2011 British 0 - 6

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Richard John BALL 02 May 2012 19 Sep 2018 Buyer British 0 - 10 (0.0%)
Resigned Terry GLASSWELL 21 Dec 2011 30 Jun 2013 Retailer British 0 - 60 (0.0%)
Active Fiona Jane GLASSWELL 01 Jan 2010 Buyer British 2 - 00 (0.0%)
Active Kevin William ROBERTSON 01 Jan 2010 Sales Director British 2 - 00 (0.0%)
Active Paul Jeremy GLASSWELL 23 Apr 2007 House Furnisher British 2 - 40 (0.0%)
Resigned Robert David HAWKINS 03 Mar 2002 15 Aug 2015 Furniture Retailer British 0 - 20 (0.0%)
Resigned Terry GLASSWELL 14 Apr 1998 09 Sep 2011 House Furnisher British 0 - 60 (0.0%)
Resigned Malcolm George BLOWERS 21 Dec 1990 01 Dec 2000 House Furnisher British 0 - 10 (0.0%)
Resigned Peggy Edith REARDON 15 Oct 2021 Housewife British 0 - 10 (0.0%)
Active Paul Jeremy GLASSWELL House Furnisher British 2 - 40 (0.0%)
Resigned Timothy Francis REARDON 12 Mar 2000 House Furnisher Irish 0 - 10 (0.0%)
Resigned Leslie Thomas GLASSWELL 26 Nov 2011 House Furnisher British 0 - 10 (0.0%)
Active Heather June GLASSWELL Housewife British 1 - 00 (0.0%)
Resigned Terry GLASSWELL 09 Sep 2011 House Furnisher British 0 - 60 (0.0%)
Number of active directors: 5
Average tenure of active directors: 9.2 years
Average tenure of resigned directors: 5.0 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BURY ST EDMUNDS GOLF CLUB LIMITED (00186162) - Active
GLASSWELLS LIMITED (00602166) - Active
ASSOCIATED INDEPENDENT STORES LIMITED (00912655) - Active
HERITAGE COURT RESIDENTS ASSOCIATION LIMITED (09083595) - Active
GUILDHALL DEVELOPMENTS BURY LIMITED (11945468) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-12-152015-12-152014-12-152013-12-152012-12-15
HEATHER JUNE GLASSWELLREDEEMABLE PREFERENCE800,000
51.1%
800,000
51.1%
800,000
51.1%
800,000
51.1%
100,000
11.9%
PEGGY EDITH REARDONREDEEMABLE PREFERENCE625,000
39.9%
625,000
39.9%
625,000
39.9%
625,000
39.9%
600,000
71.4%
PAUL GLASSWELL (TRUSTEES OF LESLIE GLASSWELL NO3 SETTLEMENT)ORDINARY B39,714
2.54%
39,714
2.54%
39,714
2.54%
39,714
2.54%
39,714
4.73%
PAUL GLASSWELL (TRUSTEES OF PEGGY REARDON NO1 SETTLEMENT)ORDINARY B24,714
1.58%
0
0%
0
0%
0
0%
0
0%
PAUL GLASSWELL (TRUSTEES OF P J GLASSWELL DISCRETIONARY SETTLEMENT)ORDINARY B19,858
1.27%
19,858
1.27%
19,858
1.27%
19,858
1.27%
19,858
2.36%
JUDY BEANEY (TRUSTEES OF JE BEANEY DISCRETIONARY SETTLEMENT)ORDINARY B19,857
1.27%
19,857
1.27%
19,857
1.27%
19,857
1.27%
19,857
2.36%
SUSAN GLASSWELL (TRUSTEES OF SA CREED DISCRETIONARY SETTLEMENT)ORDINARY B19,857
1.27%
19,857
1.27%
19,857
1.27%
19,857
1.27%
19,857
2.36%
TRUSTEES OF TIM REARDON NO 2 DIS SETTLEMENTORDINARY B15,000
0.958%
0
0%
0
0%
0
0%
0
0%
PAUL GLASSWELL (TRUSTEES OF LESLIE GLASSWELL NO3 SETTLEMENT)ORDINARY A290
0.019%
290
0.019%
290
0.019%
290
0.019%
290
0.035%
PAUL JEREMY GLASSWELLORDINARY A270
0.017%
270
0.017%
270
0.017%
270
0.017%
270
0.032%
PAUL GLASSWELL (TRUSTEES OF PEGGY REARDON NO1 SETTLEMENT)ORDINARY A210
0.013%
210
0.013%
210
0.013%
210
0.013%
210
0.025%
PAUL GLASSWELL (TRUSTEES OF TIM REARDON NO2 SETTLEMENT)ORDINARY A140
0.009%
140
0.009%
140
0.009%
140
0.009%
140
0.017%
PAUL GLASSWELL (TRUSTEES OF HEATHER GLASSWELL NO4 SETTLEMENT)ORDINARY A90
0.006%
90
0.006%
90
0.006%
90
0.006%
90
0.011%
PAUL GLASSWELL (TRUSTEES OF TIM REARDON NO2 SETTLEMENT)ORDINARY B0
0%
24,714
1.58%
24,714
1.58%
24,714
1.58%
24,714
2.94%
TRUSTEES OF REARDON DIS SETTLEMENTORDINARY B0
0%
15,000
0.958%
15,000
0.958%
15,000
0.958%
15,000
1.79%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

GLASSWELLS LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-08-26 2024-02-24 19 0% 1% 82470
2023-02-26 2023-08-25 20 1% 1% 76204
2022-08-28 2023-02-28 19 0% 1% 69303
2022-02-27 2022-08-27 21 0% 1% 63001
2021-08-29 2022-02-26 20 0% 2% 56268
2021-02-28 2021-08-28 25 0% 1% 49845
2020-08-30 2021-02-27 21 0% 1% 42979
2020-02-23 2020-08-29 21 1% 2% 36180
2019-08-25 2020-02-22 20 0% 1% 29412
2019-02-24 2019-08-24 21 0% 1% 21765
2018-08-26 2019-02-23 22 1% 2% 13624
2018-02-25 2018-08-25 22 1% 3% 7200


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 47530 Retail sale of carpets, rugs, wall and floor coverings in specialised stores)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
CARPETRIGHT PLC NESTWARE HOUSE, PURFLEET BYPASS, PURFLEET, ESSEX, ENGLAND, RM19 1TT 02294875 2018-04-28 443,800,000 -64,200,000 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
A. SHARE & SONS LIMITED 45-49 VILLIERS STREET, SUNDERLAND, SR1 1HA 00323778 2018-07-28 352,317,000 10,333,000 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
GLASSWELLS LIMITED GLASSWELLS, NEWMARKET ROAD, BURY ST EDMUNDS, SUFFOLK, IP33 3TU, UNITED KINGDOM, IP33 3TU 00602166 2018-02-24 25,043,061 2,282,388 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
JAMES W.VINCENT(FLOORING)LIMITED 141 HERSHAM RD, WALTON ON THAMES, SURREY, KT12 1RW 00739233 2017-10-31 3,611,844 0
FLUDES (CARPETS) LIMITED DENTON ISLAND, DENTON ISLAND, NEWHAVEN, EAST SUSSEX, UNITED KINGDOM, BN9 9BB 00508205 2018-04-30 2,953,357 0
DRAKEPINE LIMITED 521/525 PINNER ROAD, NORTH HARROW, MIDDLESEX, HA2 6EH 02305427 2018-03-31 1,812,323 0
STYLE IDEAS LIMITED 7-11 HIGH STREET, COLLIERS WOOD, LONDON, SW19 2JE 06809037 2017-12-31 1,593,216 0
J.W. CONTRACT FLOORING LIMITED SUITE 31, 30 RED LION STREET, RICHMOND UPON THAMES, SURREY, ENGLAND, TW9 1RB 06748824 2017-11-30 776,238 0
CLOVER CARPETS LIMITED 17 LAMBSFRITH GROVE, HEMPSTEAD, GILLINGHAM, ENGLAND, ME7 3RU 03520826 2018-04-30 764,736 0
RUGS 4 RICHES LIMITED 39 BEECHES WAY, BIRMINGHAM, ENGLAND, B31 3RJ 08767242 2018-11-30 609,000 0
WESTBROOK CARPETS & LAMINATES LIMITED WESTBROOK CENTRE CROMWELL AVENUE, WESTBROOK, WARRINGTON, WA5 8UG 06482828 2018-03-31 525,609 0
OAKWELL FLOORING LTD 17 LAMBSFRITH GROVE, HEMPSTEAD, GILLINGHAM, ENGLAND, ME7 3RU 06732602 2017-12-31 522,191 0
ALLFLOORS (BERKHAMSTED) LIMITED UNIT 6, COLD HARBOUR LANE, HARPENDEN, HERFORDSHIRE, ENGLAND, AL5 4UN 06507052 2018-03-31 510,136 0
CARPET DESIGN CENTRE (WITHAM) LIMITED GROUND FLOOR EAST, 30-40 EASTCHEAP, LONDON, UNITED KINGDOM, EC3M 1HD 02764751 2018-03-31 481,200 0
ELITE CARPETS LIMITED 2 THE PAVILLION, STRELLEY HALL MAIN STREET, STRELLEY, NOTTINGHAM, ENGLAND, NG8 6PE 04384563 2018-02-28 466,666 0
ABBOTSWOOD FLOORING (WOOD & CARPET) LIMITED 258 - 260 THE BROADWAY, LONDON, ENGLAND, SW19 1SB 06941841 2018-03-31 353,294 0
DECA DESIGN FLOORING LIMITED UNIT 4 CAMBRIDGE MILLS, CAMBRIDGE, GLOUCESTER, GLOUCESTERSHIRE, ENGLAND, GL2 7AA 09606111 2018-05-31 276,948 0
HOME DESIGN FLOORING LIMITED UNIT 16 ATKINSON INDUSTRIAL ESTATE, BURN ROAD, HARTLEPOOL, CLEVELAND, TS25 1RH 06649082 2018-03-31 276,831 0
FLOORLESS FLOORS LIMITED 4A CORPORATION STREET, HIGH WYCOMBE, BUCKINGHAMSHIRE, HP13 6TQ 08271889 2018-10-31 274,822 0
CARPET TIME (DERBY) LIMITED 507 NOTTINGHAM ROAD, CHADDESDEN, DERBY, DERBYSHIRE, DE21 6NA 04527442 2018-10-31 230,097 0
HOME CHOICE CARPETS & FLOORING LIMITED 213 STATION ROAD, STECHFORD, BIRMINGHAM, ENGLAND, B33 8BB 09340651 2017-12-31 220,488 0
TWIST FLOORING LIMITED 14 LANSDOWN LANE, BATH, SOMERSET, BA1 4LR 03955107 2018-03-31 215,127 0
E & S BEDS LIMITED 139 FURLONG ROAD, BOLTON-UPON-DEARNE, ROTHERHAM, S63 8HD 08952609 2018-03-31 208,863 0
VALUE FURNITURE LIMITED UNIT 2, WHARF STREET, BLACKBURN, ENGLAND, BB1 1JD 08206896 2017-09-30 200,452 0 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
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THE MOORLAND RUG COMPANY LTD BRIAN SALES, 18 KIRK RISE, FROSTERLEY, BISHOP AUCKLAND, COUNTY DURHAM, DL13 2SF 06132400 2017-06-30 18,099 0
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56101-Licensed restaurants
56302-Public houses and bars
WOOD YOU LIKE LIMITED MS KARIN HERMANS, OAKDALE 10 FAVERSHAM ROAD, CHARING, ASHFORD, KENT, TN27 0NS 04584873 2018-12-31 4,683 0
TILING STORE LIMITED 7 LYNWOOD COURT, PRIESTLANDS PLACE, LYMINGTON, HAMPSHIRE, SO41 9GA 07977918 2019-03-31 4,238 0
ROUNDHILL CARPET & FLOORING LIMITED OLD BANK BUILDINGS, UPPER HIGH STREET, CRADLEY HEATH, UNITED KINGDOM, B64 5HY 10515257 2018-12-31 3,985 0
U.K.HERITAGE RUGS LTD. 2 RECTORY LANE, WOLSINGHAM, BISHOP AUCKLAND, ENGLAND, DL13 3AJ 08673674 2018-12-30 2,055 0
DI CERAMIC (SALES) LIMITED UNIT 3C, KNIGHTS PARK INDUSTRIAL ESTATE, KNIGHT ROAD, ROCHESTER, ENGLAND, ME2 2LS 09753891 2017-12-31 0 0
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FOAM FOR COMFORT LIMITED UNIT 2 WYTHER LANE TRADING, ESTATE, WYTHER LANE KIRKSTALL, LEEDS, LS5 3BT 01452946 2018-12-31 0 0
KILEYS CONTRACT FLOORING LTD 28 WILTON ROAD, BEXHILL ON SEA, EAST SUSSEX, TN40 1EZ 05412240 2018-03-31 0 0
PARLOUR PRODUCT HOLDING LIMITED C/O A SHARE & SONS LIMITED, 45-49 VILLIERS STREET, SUNDERLAND, SR1 1HA 06551761 0000-00-00 0 0 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
PARLOUR PRODUCT TOPCO LIMITED C/O A SHARE & SONS LIMITED, 45-49 VILLIERS STREET, SUNDERLAND, SR1 1HA 06551800 0000-00-00 0 0 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
SCS GROUP P.L.C. C/O, A SHARE & SONS LIMITED, 45-49 VILLIERS STREET, SUNDERLAND, SR1 1HA 03263435 0000-00-00 0 0 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
GLASSWELLS LIMITED 0.4% 1.8% 4.7% Medium
Other companies Active in the same sector 0.4% 2.2% 6.7% Medium
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.5% 2.1% 5.6% Medium
Sic code count 0.8% 4.4% 8.7% Medium
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