Clearglaze Limited

Clearglaze Ltd, based in Hitchin, UK, is a small holding company with an active status, having been incorporated 31 years ago in May 1994. Employing 51 people, the company holds £3,327,967 in assets and operates from a virtual address, registered at 71 Knowl Piece Wilbury Way, SG4 0TY. Two directors and one owner oversee the business, which specializes in glazing industries. It's an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts—with the last import activity occurring two months ago in July 2023.

The company's website, Clearglaze Windows, showcases a wide range of products and services, from UPVC windows and doors to conservatories and roofing solutions. It's clearly an e-commerce business, with a focus on direct sales to consumers. The website highlights the company's 44 years of experience, its status as a CERTASS-approved installer, and its commitment to providing "no pressure, no nonsense" service. They even have a showroom in Bath, offering customers a chance to view products in person. The site also features a blog with articles on topics like secondary glazing and composite doors, demonstrating a desire to educate and engage potential customers.

Financially, Clearglaze Ltd presents a mixed picture. While current assets increased by 24% to £3,300,000, net assets also rose by 18% to £2,600,000. However, bank borrowings decreased by 43%, reaching £100,000, and cash reserves increased by 73% to £250,000. Trade creditors also decreased by 16%, suggesting better debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Depreciation on plant machinery increased by 77%, likely due to increased activity or new equipment purchases. With no auditor mentioned, the financial statements are unaudited.

Overall, Clearglaze Ltd appears to be a stable, albeit small, business. The company's focus on customer service and its diverse product range suggest a commitment to long-term growth. The increase in depreciation might indicate investment in new equipment, but the company's financial health remains dependent on maintaining its customer base and managing its costs effectively.

Registered in England/Wales under the registration number 02930541, with a registered address at SG4 0TY, England, Hitchin, Herts, 71 Knowl Piece Wilbury Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.