CINER GLASS LTD

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +892,300%

  £7,886 → £70,374,662

• Cash

  +1,373.5%

  £212,151 → £3,126,004

  highest in 4 filed years

• Net assets

  +212.2%

  -£16,210,258 → £18,191,275

  highest in 4 filed years

• Employees

  +5,025%

  12 → 615

  highest in 4 filed years

• Operating profit

  -244.9%

  -£9,315,380 → -£32,128,650

  lowest in 4 filed years

• Profit before tax

  -226.1%

  -£10,157,121 → -£33,118,902

  lowest in 4 filed years

• Wages

  +183.9%

  £1,971,451 → £5,596,666

  highest in 4 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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

UK-adopted international accounting standards

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements as of and for the year ended 31 December 2024 have been prepared on the going concern basis, as the Directors have determined that the Group has sufficient resources and liquidity to continue in operational existence and to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements.”

Group structure

1. CINER GLASS LTD · parent
   1. Park Cam Sanayi ve Ticaret A. Ş. 79.92% · Türkiye · Container glass production
   2. Ciner Glass Belgium NV 100% · Belgium · Development of container glass production facility
   3. Ciner Glass Property Limited 100% · United Kingdom · Proposed development of container glass production facility
   4. Ciner Glass Productions Limited 100% · United Kingdom · Proposed development of container glass production facility

Significant events

• “Completed in June 2024, this acquisition of a large glass producer in Türkiye will be complemented by the Company's new production facility in Belgium that is expected to begin production early in 2026.”
• “In April 2025, the Group entered into the loan agreement with Ciner Soda Holdings (UK) Ltd for an unsecured facility of €258 million. The proceeds were partially used to pay the outstanding consideration for Park Cam acquisition.”
• “On 1 August 2025, the Group's subsidiary Ciner Glass Belgium NV entered into facility agreement with third-party lenders for €504.6 million to refinance existing borrowings and finance development.”
• “In May and June 2025, the Company contributed €100.4 million to the share capital of Ciner Glass Belgium NV, funded by a loan from a related party.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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