Glyn Hopkin Limited

Glyn Hopkin Ltd from Bristol UK is a large, holding company with an active status, established 32 years ago. Employing 820 people, the company manages assets worth £112,477,000 and generates an annual revenue of £560,560,000. It operates from a real address and is overseen by nine directors and one owner, with an e-commerce site facilitating online sales. The company regularly exports vehicles, parts, and accessories (excluding trains and trams), while importing furniture, lighting, and prefabricated buildings on an irregular basis.

As a large company, Glyn Hopkin Ltd meets the criteria for size, having a turnover exceeding £36 million, balance sheet total over £18 million, and more than 250 employees. The company functions as a holding company, and its active status indicates ongoing operations. The accounts show a decrease in accrued liabilities and deferred income, falling from £9.5 million to £6.2 million—a 35% drop. Buildings depreciation also remained steady at £5.4 million. Interestingly, bank overdrafts increased by 2.8%, reaching £5.3 million, while cash and cash equivalents experienced a significant decline, dropping 35% to £2.5 million.

The company’s revenue, however, remained strong at £560.56 million, and staff costs remained stable. The company's financial statements are audited by MHA, and the accounts show a slight increase in administrative expenses. Despite the decrease in cash reserves, the company's ability to maintain a high revenue stream suggests a resilient business model. The company’s focus on exporting vehicles and accessories, alongside its e-commerce presence, likely contributes to its financial performance. The recent changes in director positions—with some relinquishing their roles—could signal a period of restructuring or strategic realignment.

Registered in England/Wales under the registration number 02756516, with a registered address at BS8 1BQ, Bristol, C/O Saffery Llp St. Catherines Court, Berkeley Place, Clifton.

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