GLUECOM UK LIMITED
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Cash
£55k
+618.4% highest in 4 filed years
Net assets
£6.9m
+6.2% highest in 4 filed years
Employees
2
Average over period
Profit before tax
£327k
-71.4% vs 2024
Net assets
4-year trend · vs Basic Materials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £91,667 | £110,000 | £110,000 | £110,000 | 0% | |
| Operating profit | £19,710 | £91,431 | £75,592 | £117,036 | +54.8% | |
| Profit before tax | £92,149 | £933,932 | £1,145,923 | £327,453 | -71.4% | |
| Net profit | £92,149 | £895,995 | £1,145,923 | £327,453 | -71.4% | |
| Cash | £6,900 | £41,029 | £7,688 | £55,231 | +618.4% | |
| Total assets less current liabilities | £10,308,578 | £10,105,668 | £10,975,807 | £11,591,888 | +5.6% | |
| Net assets | £4,467,249 | £5,363,244 | £6,509,167 | £6,912,245 | +6.2% | |
| Equity | — | — | £6,509,167 | £6,912,245 | +6.2% | |
| Average employees | 0 | 0 | 0 | 2 | — | |
| Wages | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | 21.5% | 83.1% | 68.7% | 106.4% | |
| Net margin | 100.5% | — | — | — | |
| Return on capital employed | 0.2% | 0.9% | 0.7% | 1.0% | |
| Gearing (liabilities / total assets) | -222.5% | -292.1% | 46.1% | 44.5% | |
| Current ratio | — | — | 0.06x | 0.51x | |
| Interest cover | 0.09x | 0.31x | 0.29x | 0.47x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Maynard Heady LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting”
Group structure
- GLUECOM UK LIMITED · parent
- Ace Adhesives Limited 100%
- Pafra Adhesives Limited 100%
- Aztec Adhesives Limited 100%
- Adhesives Direct UK Limited 100%
- Enterprise Adhesives & Chemicals Limited 100%
Significant events
- “During the year, the directors identified that a property previously classified within freehold property and accounted for as property, plant and equipment should have been classified as an investment property.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DESIMPEL, Xavier | Director | 2022-02-03 | May 1969 | Belgian |
| LEE, Phillip Denham | Director | 2022-02-03 | Feb 1966 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Xavier Desimpel | Individual | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2022-02-03 | Active |
| Mr Louis Piette | Individual | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2022-02-03 | Active |
Filing timeline
Last 16 of 16 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-03-17 RESOLUTIONS Resolution
- 2022-03-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-23 | AA | accounts | Accounts with accounts type full | |
| 2026-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-06 | AA | accounts | Accounts with accounts type medium | |
| 2025-02-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-25 | AA | accounts | Accounts with accounts type full | |
| 2024-03-04 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-02-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type small | |
| 2023-06-20 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-03-17 | RESOLUTIONS | resolution | Resolution | |
| 2022-03-16 | RESOLUTIONS | resolution | Resolution | |
| 2022-03-15 | SH01 | capital | Capital allotment shares | |
| 2022-03-14 | SH01 | capital | Capital allotment shares | |
| 2022-02-03 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.