Glacier Energy Services: Providing specialist services for energy infrastructure.
Glacier Energy Services was formed in 2011, with the acquisition of Roberts Pipeline Machining and Wellclad from MB Aerospace in a management buyout.The buyout brought the existing management team together with a board led by oil and gas professionals with extensive global experience. The aim was to create a modern and energetic group focussed on exceeding the expectations of its international client base.Glacier has achieved significant, rapid growth through a buy-and-build strategy which has brought complementary, inter-related services together under one roof.

Company Growth (employees)
Type
Private
HQ
Glasgow, GB
Founded
2011
Size (employees)
105 (est)+3%
Glacier was founded in 2011 and is headquartered in Glasgow, GB

Glacier Office Locations

Glacier has offices in Glasgow, Aberdeen, Dalgety Bay, Boldon Colliery and in 3 other locations
Glasgow, GB (HQ)
London Rd
Birmingham, GB
Walker Dr
Aberdeen, GB
53 Wellington St
Rochester, US
07 2 Corporation Rd
Boldon Colliery, GB
Burford Way
Aberdeen, GB
Peterseat Dr
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Glacier Data and Metrics

Summary Metrics

Founding Date

2011

Glacier Financial Metrics

Glacier's revenue was reported to be £22.7 m in FY, 2016 which is a 13% decrease from the previous period.
GBP

Revenue (FY, 2016)

22.7 m

Revenue growth (FY, 2015 - FY, 2016), %

(13%)

Gross profit (FY, 2016)

9.8 m

Gross profit margin (FY, 2016), %

43%

Net income (FY, 2016)

(4.6 m)

Cash (31-Mar-2016)

939.9 k
GBPFY, 2014FY, 2015FY, 2016

Revenue

14.7 m25.9 m22.7 m

Revenue growth, %

76%(13%)

Cost of goods sold

7.2 m14.3 m12.9 m

Gross profit

7.5 m11.7 m9.8 m

Gross profit Margin, %

51%45%43%

Operating expense total

7.2 m11.1 m12.4 m

Pre tax profit

(913.6 k)(956.9 k)(4.6 m)

Net Income

(1.1 m)(956.9 k)(4.6 m)
GBPFY, 2014FY, 2015FY, 2016

Cash

1.2 m1.1 m939.9 k

Accounts Receivable

4.4 m5.2 m3.8 m

Current Assets

7.3 m9.1 m7.5 m

PP&E

1.9 m1.7 m1.8 m

Goodwill

12.1 m11.9 m10.1 m

Total Assets

21.4 m22.7 m19.4 m

Accounts Payable

1.2 m2.2 m1.7 m

Current Liabilities

6.2 m9.3 m11.6 m

Total Liabilities

19.4 m22 m23.3 m

Retained Earnings

(1.1 m)(959.1 k)(4.6 m)

Total Equity

2 m728.6 k(3.8 m)

Financial Leverage

10.7 x31.1 x-5.1 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

3.4 m52.3 k(792.2 k)

Cash From Financing Activities

5.9 m(564.4 k)738.2 k

Income Taxes Paid

(199.4 k)(28)43.8 k
Y, 2016

Financial Leverage

-5.1 x

Traffic Overview of Glacier

Glacier Online and Social Media Presence

Glacier News and Updates

Glacier National Park used to have 150 glaciers. There are only 26 left

You might want to move up any plans to visit Glacier National Park in Montana.  New data shows that the park's namesake rivers of ice are rapidly disappearing due to global warming.  SEE ALSO: Sea level rise could send U.S. 'climate migrants' fleeing to Austin, Atlanta The warming climate has sl…

Glacier National Park once had 150 glaciers, but only 26 remain

The era of the glacier will end in the United States within decades, according to researchers who worked on a major new study of glacial health in Montana. A report released by Wednesday the United States Geological Survey follows 39 glaciers in Montana — 37 of them in Glaci…

Switzerland wants to save a glacier from global warming by literally throwing cold water on it

Global warming will affect everyone on Earth, likely causing environmental devastation and human displacement at massive economic costs. Those economic effects can sometimes be forestalled…

NASA photos capture a strange new crack in a massive Greenland glacier and we're all probably doomed

A mysterious crack has been spreading across a giant Greenland glacier, and it's raising concerns that part of the floating ice shelf could splinter off into the ocean.  That's bad.  Scientists with the NASA field campaign Operation IceBridge recently captured the first photographs of the growin…

Epic Antarctic voyage maps seafloor to predict ocean rise as glacier the size of California melts

Global research group will trace Totten glacier’s history back to last ice age, in hope of predicting future melting patternsIn East Antarctica, 3,000km south of the West Australian town of Albany, an ice shelf the size of California is melting from below.The concerning trend was confirmed by Austra…

Sony’s ‘Glacier White’ PS4 is a stunner headed for a frosty reception

The Glacier White PlayStation 4 is a stunner. Announced today, Sony’s newest console option is a stylish alternative to the default matte black that currently stands as the undisputed hide-and-seek champion of my entertainment center. As the owner of both current-gen consoles, I often gaze longingly…
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Glacier Company Life and Culture

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