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.

Glasgow, GB
Size (employees)
114 (est)
Glacier was founded in 2011 and is headquartered in Glasgow, GB
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Glacier Office Locations

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

Summary Metrics

Founding Date


Glacier Financials

Glacier's revenue was reported to be £20.20 m in FY, 2017

Revenue (FY, 2017)

20.2 m

Gross profit (FY, 2017)

7.3 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

(4.4 m)

EBITDA (FY, 2017)

(25 k)

EBIT (FY, 2017)

(2 m)

Cash (5-Mar-2018)

381.2 k
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


5.4 m9.7 m14.7 m25.9 m22.7 m20.2 m

Revenue growth, %


Cost of goods sold

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

Gross profit

2.7 m4 m7.5 m11.7 m9.8 m7.3 m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


307.2 k578.6 k1.2 m1.1 m939.9 k381.2 k

Accounts Receivable

1.6 m2.7 m4.4 m5.2 m3.8 m3.5 m


470 k567.7 k666.4 k1.6 m1.3 m826.7 k

Current Assets

2.5 m4.1 m7.3 m9.1 m7.4 m5.9 m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(493.7 k)(682.9 k)(1.1 m)(956.9 k)(4.9 m)(4.4 m)

Cash From Operating Activities

345.8 k1.1 m3.4 m52.3 k1.3 m817.5 k

Cash From Financing Activities

8.3 m926.5 k5.9 m(564.4 k)738.2 k(326.4 k)

Net Change in Cash

307.2 k230.3 k447.1 k(1.5 m)(660.6 k)(443.5 k)
GBPY, 2017


244.6 k


-0.3 x


0.1 x

Financial Leverage

-2.1 x
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Glacier News and Updates

Trump’s administration wants scientists to stop describing effects of climate change as “dramatic”

When a glacier shrinks by 85%, would you say it shrank “dramatically”? The Trump administration would say that it’s you who’s being dramatic. In emails…

Testing the Glacier Glove Ascension Bay Sun Glove

In the West, where it's stupidly easy to get scorched, it's best to show less skin. These sun gloves help.

Denali National Park’s First Luxury Hotel Is a Win For Alaska Tourism

The new hotel will be another incentive for luxury-minded travelers to visit Denali and Alaska. But the pledge to protect the region and not overdevelop it is also a positive result of the project. -Dan Peltier

Spanos Barber recaps Under Canvas

Spanos Barber Jesse & Co has recapitalized Under Canvas Inc. Financial terms weren’t announced. Under Canvas, of Bozeman, Montana, provides luxury canvas tent accommodations and outdoor experiences for travelers.
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