Welcome to bills made simple. Glide are the UK's only dedicated energy provider for students and young professionals. We deliver one simple monthly bill for all utilities and services, both for students or young professionals in shared accommodation wanting to pay only their share, and for businesses with a portfolio of properties that want an easy solution to avoid hours of admin.

We provide tailor-made monthly bill packages and bundles for gas, electricity, water, telephone, broadband and TV licence.

Type
Subsidiary
HQ
Birmingham, GB
Founded
2006
Glide was founded in 2006 and is headquartered in Birmingham, GB

Glide Office Locations

Glide has an office in Birmingham
Birmingham, GB (HQ)
Alpha Tower

Glide Metrics

Glide Summary

In total, Glide had raised $28 m

Glide Financial Metrics

Glide's revenue was reported to be £15.9 m in FY, 2015 which is a 59% increase from the previous period.
FY, 2013FY, 2015

Revenue

£10 m£15.9 m

Cost of goods sold

£7.5 m£11.8 m

Gross profit

£2.5 m£4.1 m

Gross profit Margin, %

25%26%

Operating expense total

£2.2 m£3.5 m

Pre tax profit

£501.8 k£722.9 k

Net Income

£448.2 k£607.2 k
FY, 2013FY, 2015

Cash

£1.2 m£5.9 m

Accounts Receivable

£2 m£2.5 m

Current Assets

£3.7 m£8.8 m

PP&E

£192 k£161.8 k

Goodwill

£36.4 k

Total Assets

£3.8 m£9 m

Accounts Payable

£1.5 m£3.1 m

Current Liabilities

£3.1 m£7.6 m

Retained Earnings

£248.2 k£522.2 k

Total Equity

£741.8 k£1.4 m

Financial Leverage

5.2 x6.5 x
FY, 2013FY, 2015

Income Taxes Paid

(£53.6 k)(£115.7 k)

Glide Online Presence

Glide News

Glide Company Life

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