GLASSGREEN HIRE LIMITED

Active
Company number SC524827Private limited companyIncorporated 2016

Key figures

£1,831,297
Net assets 2023/24

† GLASSGREEN HIRE LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2023/24

Sector comparison

SIC 77320

Where the company stands among the 3,476 active companies whose first SIC code is 77320 (Renting and leasing of construction and civil engineering machinery and equipment).

Turnover£6,068,486
Lower than 71% · median £14,406,795 among 107 that publish turnover
Net assets£1,831,297
Higher than 86% · median £97,134
Total assets£5,103,277
Higher than 91% · median £253,791
Cash£555,557
Higher than 86% · median £52,995
Employees13
Higher than 90% · median 1
Company age10.8 years
Older than 61% · median 7.7 years
Largest in this sector by net assets
  1. AGGREKO LIMITED£2.6bn
  2. GAP GROUP LIMITED£214.5m
  3. GAP HOLDINGS LIMITED£212.7m
  4. SEADRILL UK LTD.£193.5m
  5. CHARLES WILSON ENGINEERS LIMITED£130.3m
  6. HIRE STATION LIMITED£79.7m
  7. LONDON TOWER CRANE HIRE & SALES LIMITED£57.6m
  8. BROUGHTON PLANT HIRE AND SALES LIMITED£56.6m
  9. K HOLDINGS (NI) LTD£54m
  10. MURPHY PLANT LIMITED£51m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 3,476. The line on each bar marks the median.

Summary: GLASSGREEN HIRE LIMITED

What kind of company is it?

GLASSGREEN HIRE LIMITED is a private limited company registered with Companies House under company number SC524827. It was incorporated on 21 Jan 2016. Its status is active. The registered office is in Elgin (IV30). Its nature of business (SIC 2007) is renting and leasing of construction and civil engineering machinery and equipment (77320).

How is the company doing financially?

The latest accounts in the database are for 2023/24 (period ending 31 May 2024); the company files full accounts. Turnover was £6,068,486. Profit for the year was £231,555. Net assets were £1,831,297. Cash at bank and in hand was £555,557. The company had an average of 13 employees.

How does it compare with similar companies?

Compared with 3,476 active companies whose first SIC code is 77320: By turnover it ranks lower than 71% of the 107 that publish turnover (median £14,406,795). By net assets it ranks higher than 86% of them (median £97,134). By total assets it ranks higher than 91% of them (median £253,791). By cash it ranks higher than 86% of them (median £52,995). By number of employees it ranks higher than 90% of them (median 1). It is older than 61% of them (median age 7.7 years).

What do public registers and reports show?

In its latest payment practices report it took an average of 46 days to pay suppliers, and 10% of invoices were not paid within agreed terms.

Who runs and controls the company?

2 persons with significant control are registered. 1 of 2 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 28 Feb 2027. The next confirmation statement is due by 20 Feb 2027.

Filed accounts2023/24
2023/24 †
Turnover6,068,486
Profit for the year231,555
Cash at bank and in hand555,557
Total assets5,103,277
Total liabilities—
Net assets / total equity1,831,297
Average number of employees13

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Payment practices1 Jun 2021 – 30 Nov 2021
Average time taken to pay invoices
46 days
Invoices not paid within agreed terms
10%
Member of a payment code
No
  • Within 30 days 11%
  • 31 to 60 days 74%
  • After 60 days 15%
Earlier periods (6)
Period ending
Days to pay
Within 30 days
Late
31 May 2021
46
21%
10%
30 Nov 2020
46
17%
10%
31 May 2020
49
9%
10%
30 Nov 2019
47
12%
10%
31 May 2019
44
15%
10%
30 Nov 2018
45
13%
10%

View the latest report on GOV.UK

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

History

5 events
  1. Springfield Properties Plc registered as a person with significant control
  2. Financial year endedAccounts filed at Companies House
  3. Financial year 2023/24 endedAccounts: turnover £6.1m, net assets £1.8m, 13 employees
  4. Mr Alexander William Adam registered as a person with significant control
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.