GLASSGREEN HIRE LIMITED
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2027-02-20 (in 9mo)
Last made up 2026-02-06
Watchouts
None on the register
Cash
£301K
-45.8% vs 2024
Net assets
£2M
+3.6% vs 2024
Employees
21
+61.5% vs 2024
Profit before tax
£252K
+5.6% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-05-31
| Metric | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Turnover | £6,068,486 | £6,476,684 | |
| Operating profit | £432,749 | £444,830 | |
| Profit before tax | £238,509 | £251,759 | |
| Net profit | £231,555 | £66,465 | |
| Cash | £555,557 | £300,863 | |
| Total assets less current liabilities | £2,984,349 | £3,251,793 | |
| Net assets | £1,831,297 | £1,897,762 | |
| Equity | £1,831,297 | £1,897,762 | |
| Average employees | 13 | 21 | |
| Wages | £442,072 | £716,827 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Operating margin | 7.1% | 6.9% | |
| Net margin | 3.8% | 1.0% | |
| Return on capital employed | 14.5% | 13.7% | |
| Gearing (liabilities / total assets) | 64.1% | 63.0% | |
| Current ratio | 1.04x | 1.24x | |
| Interest cover | 2.23x | 2.30x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The parent company has confirmed that it will continue to support the company to ensure it has adequate resources to continue in operational existence for the foreseeable future and pay its liabilities as they fall due. As noted in the parent company's financial statements dated 15th of September 2025 in order to support the going concern period to 30 September 2026, the Board-approved budget to May 2026, with a further year added to May 2027, formed the basis of the detail and assessment to confirm the appropriateness of the going concern basis being adopted for the preparation of the parent company's 31 May 2025 financial statements. The directors believe the Company will be able to meet its liabilities for the next 12 months and given the parent company support, the directors believe it remains appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “During the year, BDO LLP resigned as auditors of the Company, and Johnston Carmichael LLP, were appointed as auditors in accordance with section 485 of the Companies Act 2006.”
- “The Company has entered into a cross corporate guarantee with Barclays Bank Plc with its ultimate parent company, Springfield Properties Plc.”
- “In the prior year, Screenautumn Limited's assets and trade were purchased for a consideration of £105,276.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TODD, Andrew Ross | Secretary | 2020-08-18 | — | — |
| BENNETT, Richard | Director | 2020-06-15 | Oct 1966 | British |
| LOGAN, Iain Alexander James, Mr. | Director | 2023-08-09 | Sep 1973 | British |
| SMITH, Innes | Director | 2016-01-21 | Jul 1970 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HADDEN, Lynne Victoria | Secretary | 2016-01-21 | 2020-08-18 |
| INNES, Ian Morgan | Director | 2016-01-21 | 2020-06-26 |
| MOTION, Michelle Hunter | Director | 2020-08-18 | 2023-03-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alexander William Adam | Individual | Shares 25–50% | 2016-06-01 | Active |
Filing timeline
Last 20 of 36 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-08 MA Memorandum articles
- 2025-09-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-05 | AA | accounts | Accounts with accounts type full | |
| 2025-10-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-08 | MA | incorporation | Memorandum articles | |
| 2025-09-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-27 | AA | accounts | Accounts with accounts type full | |
| 2025-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-13 | AA | accounts | Accounts with accounts type full | |
| 2024-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-27 | AA | accounts | Accounts with accounts type full | |
| 2023-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-25 | AA | accounts | Accounts with accounts type full | |
| 2021-02-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-11 | AA | accounts | Accounts with accounts type full | |
| 2020-08-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2020-08-19 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+6.7%
£6,068,486 £6,476,684
-
Cash
-45.8%
£555,557 £300,863
-
Net assets
+3.6%
£1,831,297 £1,897,762
-
Employees
+61.5%
13 21
-
Operating profit
+2.8%
£432,749 £444,830
-
Profit before tax
+5.6%
£238,509 £251,759
-
Wages
+62.2%
£442,072 £716,827
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers