Glanville Cleansing Limited

Glanville Cleansing Ltd from Ivybridge UK is a large company, holding company, and is currently active. Founded 25 years ago, the company employs 168 people and holds assets worth £16,721,205. Its yearly revenue is £31,397,171, and it operates from a real address in Devon. The company is led by three directors and has one owner. It’s an irregular exporter of vehicles, parts, and accessories (excluding trains and trams), with recent export activity recorded one month ago.

The company’s core business appears to be specialized construction activities, likely focusing on drainage and plant hire services. While no website is available to analyze, this suggests a business-to-business model rather than direct consumer sales. It’s a more traditional, service-oriented operation.

Financially, Glanville Cleansing Ltd presents a mixed picture. While assets remain substantial at £16,721,205, and revenue is impressive at £31,397,171, some concerning trends emerge. Accumulated depreciation on motor vehicles increased by 11%, indicating aging equipment and potential replacement costs. Bank borrowings decreased, which is a positive sign, but the decrease in cash bank on hand by 50% to £2,700,000 is a significant drop. This could be due to increased investment in the business or simply a temporary cash flow issue. The company’s large size (meeting two of three criteria for being a large company) means it’s subject to more scrutiny. The audit firm, PKF Francis Clark, conducted the audit, providing a degree of assurance.

Overall, Glanville Cleansing Ltd seems to be a well-established company facing typical challenges associated with maintaining a large workforce and aging equipment. The decrease in cash reserves warrants close monitoring, but the strong revenue stream suggests the business remains viable.

Registered in England/Wales under the registration number 03955582, with a registered address at PL21 9PE, Ivybridge, Devon, Unit 2 Central Court Central Avenue, Lee Mill Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.