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)
112 (est)+6%
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
Show all (8)

Glacier Financials and Metrics

Summary Metrics

Founding Date

2011

Glacier Financials

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)

EBITDA (FY, 2016)

(384.5 k)

EBIT (FY, 2016)

(2.5 m)

Cash (31-Mar-2016)

939.9 k
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.4 m9.7 m14.7 m25.9 m22.7 m

Revenue growth, %

76%(13%)

Cost of goods sold

2.7 m5.7 m7.2 m14.3 m12.9 m

Gross profit

2.7 m4 m7.5 m11.7 m9.8 m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

307.2 k578.6 k1.2 m1.1 m939.9 k

Accounts Receivable

1.6 m2.7 m4.4 m5.2 m3.8 m

Inventories

470 k567.7 k666.4 k1.6 m1.3 m

Current Assets

2.5 m4.1 m7.3 m9.1 m7.5 m
    GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (493.7 k)(682.9 k)(1.1 m)(956.9 k)(4.6 m)

    Cash From Operating Activities

    345.8 k1.1 m3.4 m52.3 k(792.2 k)

    Cash From Financing Activities

    8.3 m926.5 k5.9 m(564.4 k)738.2 k

    Net Change in Cash

    307.2 k230.3 k447.1 k(1.5 m)(660.6 k)
      Y, 2016

      Debt/Equity

      -1.5 x

      Debt/Assets

      0.3 x

      Financial Leverage

      -5.1 x
      Show all financial metrics

      Traffic Overview of Glacier

      Glacier Online and Social Media Presence

      Glacier News and Updates

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