Salisbury Glass Commercial Holdings Ltd
Registered name: SALISBURY GLASS COMMERCIAL HOLDINGS LTD
Part of Salisbury Glass Group Holdings Limited groupSalisbury Glass Commercial Holdings Ltd made £13.9m revenue and £446k profit in the year to 31 May 2023.
Salisbury Glass Commercial Holdings Ltd’s revenue grew 3% to £13.9m in the year to 31 May 2023, with £446k profit and 84 employees. The company is classified under “activities of other holding companies” and is based in Salisbury; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Salisbury, South West
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate controlling party is Mr & Mrs Gower by virtue of their 53% joint ownership of the issued share capital of Salisbury Glass Commercial Holdings Ltd.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.5m | £13.9m |
| Cost of sales | £10.7m | £11.2m |
| Gross profit | £2.8m | £2.7m |
| Operating profit | £289k | £540k |
| Profit before tax | £289k | £568k |
| Profit after tax | £314k | £446k |
| Profit (best available) | £314k | £446k |
| Staff costs | £3.5m | £3.4m |
| Employees (average) | 89 | 84 |
| Ratios | ||
| Profit margin | 2.3% | 3.2% |
| Gross margin | 20.8% | 19.6% |
| Revenue per employee | £151k | £165k |
| Profit per employee | £3.5k | £5.3k |
| Cash conversion | −391% | 310% |
| Growth (year on year) | ||
| Revenue growth | — | ▲3% |
| Profit growth | — | ▲42% |
| Headcount growth | — | ▼5.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.2m | £2.6m |
| Net assets | £3.9m | £4.1m |
| Fixed assets | £250k | £181k |
| Current assets | £6.1m | £6.1m |
| Debtors | £3.4m | £2.2m |
| Cash from operations | −£1.1m | £1.7m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 19.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £165k
- Revenue ÷ average employees.
- Profit per employee
- £5.3k
- Profit ÷ average employees.
- Cash conversion
- 310%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲5%
- Now £4.1m
- Cash at bank
- ▲122%
- Now £2.6m
- Headcount
- ▼6%
- Now 84
- Deferred income
- —
- Now —
- Fixed assets
- ▼27%
- Now £181k
Group structure
Ownership chain
- Salisbury Glass Group Holdings Limitedultimate parent75–100%
- Salisbury Glass Commercial Holdings Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Salisbury Glass Commercial LimitedRev. £17.1m · Profit £1m
Sister companies (1)
- Salisbury Glass Centre Holdings LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 May 2023 (profit £446k), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.