GLENBAY Financials
- Company number
- NI020123CopyCopy
- Registered office
- C/O Fitzpatrick & Kearney, 10c Marcus Street, Newry, Co.Down BT34 1AE
- Incorporated
- 16/01/1987
Company snapshot
- Status
- Active
- Employees
- 80 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-22.85%vs 20232023: £-1.06M
Total Assets
19.84%vs 20232023: £2.02M
Cash in Bank
4.48%vs 20232023: £1.71M
Total Liabilities
20.87%vs 20232023: £3.08M
Employees
-3vs 20232023: 83
In 2024, GLENBAY reported net assets of £-1.30M. The same filing shows total assets of £2.42M, cash in bank of £1.79M and total liabilities of £3.72M. Reported headcount was 80 in 2024. Total Liabilities rose from £3.08M in 2023 to £3.72M in 2024 (20.87%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-22.85%from £-1.06M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures GLENBAY filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+21.6%vs 2022+10.3% a year compound (CAGR)
Total Assets
+45%vs 2022+20.4% a year compound (CAGR)
Total Liabilities
+50.8%vs 2022+22.8% a year compound (CAGR)
Employees
-4.8%vs 2022-4Biggest increase
Total Liabilities+50.8%
£2.47M in 2022 to £3.72M in 2024
Biggest decrease
Employees-4.8%
84 in 2022 to 80 in 2024
GLENBAY's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GLENBAY's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -53.91%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 153.91%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 47.93%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 73.77%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GLENBAY by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -630.24K | -800.08K | -1.06M | -1.30M |
| Total Assets£ | 1.40M | 1.67M | 2.02M | 2.42M |
| Cash in Bank£ | 1.25M | 1.47M | 1.71M | 1.79M |
| Total Liabilities£ | 2.04M | 2.47M | 3.08M | 3.72M |
| Employees | 83 | 84 | 83 | 80 |
GLENBAY financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GLENBAY covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GLENBAY reported net assets of £-1.30M for 2024. That compares with £-1.06M in 2023, a change of -22.85%.
GLENBAY reported total assets of £2.42M for 2024. That compares with £2.02M in 2023, a change of 19.84%.
GLENBAY reported cash in bank of £1.79M for 2024. That compares with £1.71M in 2023, a change of 4.48%.
GLENBAY reported 80 employees in 2024, compared with 83 in 2023.
Between 2022 and 2024, GLENBAY's cash in bank rose by 21.6%, total assets rose by 45%, total liabilities rose by 50.8% and employee numbers fell by 4.8%. Cash in bank compounded at 10.3% a year across the two years to 2024, from £1.47M to £1.79M. Reported headcount went from 84 in 2022 to 80 in 2024 (-4).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.