Consort Glass Solutions Ltd

Consort Glass Solutions Ltd, based in Birmingham, UK, is a small, active company founded five years ago in 2019. Employing just three people, it holds £193,165 in assets and operates from a real address. With three directors and two owners – May Daniel Patrick and May Dominic – it’s a family-run business with an e-commerce site, infoconsort.com, offering a range of glass products. The company regularly imports miscellaneous metal items, with eight months of import activity recorded, the last in October 2023.

The website showcases a focus on certified glass products for construction, particularly targeting educational, healthcare, hospitality, residential, and commercial applications. It offers a range of products, including hinge patch fittings, door controls, and sliding system fittings, and represents various brands. The site also highlights free delivery on orders over £200, a key incentive for customers.

Financially, Consort Glass Solutions Ltd presents a mixed picture. Current assets have decreased by 26% to £190,000, and net assets have fallen by 120% to £24,000. However, cash bank on hand has seen a significant boost, increasing by 300% to £5,300. Trade debtors have fallen by 54% to £110,000, which is a positive sign, but creditors have also dropped by 54% to £170,000. The company's small size – meeting two of three conditions for being classified as small – helps it remain flexible. As a small company, it is exempt from an audit, so the figures are unaudited.

The company is clearly working to manage its finances, with a reduction in debt. However, the decrease in net assets and the reliance on creditors suggests it’s burning through money. It’s a tightrope walk for Consort Glass Solutions Ltd, balancing growth with financial stability.

Registered in England/Wales under the registration number 12094635, with a registered address at B19 3SB, United Kingdom, Birmingham, 25 - 31 Lower Loveday Street.

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