PRESS GLASS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -2.6%

  £42,409,456 → £41,290,377

  lowest in 3 filed years

• Cash

  +1.3%

  £1,690,627 → £1,712,408

• Net assets

  -8.3%

  £17,835,190 → £16,346,143

• Employees

  0%

  364 → 364

• Operating profit

  -42.9%

  £2,665,667 → £1,522,473

  lowest in 3 filed years

• Profit before tax

  -171.5%

  £2,204,565 → -£1,575,940

  lowest in 3 filed years

• Wages

  +4.5%

  £9,973,746 → £10,423,459

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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. Sector-distribution context coming next.

1. PRESS GLASS LIMITED 2024-04-03 → present
2. GLASS SYSTEMS LIMITED 1989-11-06 → 2024-04-03
3. WARMLITE PLASTICS LIMITED 1989-02-02 → 1989-11-06
4. PROFITMULTI LIMITED 1988-12-08 → 1989-02-02

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements of the company have been prepared on a going concern basis... the directors have a reasonable expectation that the company will continue in operational existence for at least twelve months from the approval of the financial statements thus continuing to adopt the going concern basis of accounting.”

Significant events

• “A large production facility was built in Baglan during the year, enabling integration of production from other sites and improving efficiency.”
• “Production at the leased Peterborough facility will transfer to a new site, reducing costs and allowing new furnace installation.”
• “On 1 January 2025, the entire trade of Press Glass Direct Limited fully moved into the new Baglan production facility under Press Glass Limited.”
• “On 1 February 2025, annexes were signed which extended the maturity date of £1.5M group loans held within current debtors to 31 December 2027.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.