GLIDE STUDENT & RESIDENTIAL LIMITED

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

• Turnover

  +4%

  £27,975,000 → £29,096,000

• Cash

  +101.7%

  £1,671,000 → £3,370,000

• Net assets

  -29.9%

  -£25,878,000 → -£33,617,000

• Employees

  +11.7%

  206 → 230

• Operating profit

  +24.1%

  £10,009,000 → £12,425,000

• Profit before tax

  -41.9%

  -£5,345,000 → -£7,586,000

• Wages

  +8.4%

  £11,439,000 → £12,400,000

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

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.

1. GLIDE STUDENT & RESIDENTIAL LIMITED 2018-11-29 → present
2. CABLECOM NETWORKING LIMITED 1998-08-05 → 2018-11-29
3. C J ELECTRICAL LIMITED 1996-04-19 → 1998-08-05

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK AUDIT LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are confident that the Company and the Group have more than adequate resources to continue investing and growing for the future and no material uncertainty in relation to going concern exists. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”

Group structure

1. GLIDE STUDENT & RESIDENTIAL LIMITED · parent
   1. Glide Utilities Limited 100% · UK · Non-trading
   2. Glide 2 Limited 100% · UK · Non-trading
   3. G2 Voice Limited 100% · UK · Non-trading
   4. Glide Business Limited 100% · UK · Internet service provider
   5. Glide Fibre Limited 100% · UK · Design and laying of fibre infrastructure, supporting Student, Residential and Business
   6. Velocityl Limited 100% · UK · Fibre optic broadband supplier

Significant events

• “During the year, the Group entered into a refinancing process, securing funding for a new five-year facility with better commercials. The five-year financing was oversubscribed, highlighting strong demand from the banking sector and their confidence in our strategy and growth plans.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.