Derw Glass Ltd

Derw Glass Ltd, based in Boncath, UK, is a small, family-run business with an active status, celebrating 29 years since its founding in 1995. Employing 32 people, the company holds £1,922,523 in assets and operates from a real address. With four directors and two owners, it's a tight-knit operation, boasting a perfect 5.0 Google rating from 19 reviews. Derw Glass regularly imports miscellaneous chemical products, with five months of import activity recorded.

The company's website, though minimal, reveals a focus on glazing services and double-glazing installations. It’s a local business, serving the Pembrokeshire area, and emphasizes quality workmanship and customer satisfaction. While the website doesn's offer e-commerce capabilities, it does provide contact information and a brief overview of services.

Financially, Derw Glass Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 170%, while accumulated depreciation impairment property plant equipment rose by 11%. Cash bank on hand increased by 22%, which is good, but creditors have surged by a whopping 460%, reaching £2.2 million – a significant jump. Trade debtors also increased, suggesting potential issues with customer payments. Despite these challenges, net assets still grew by 32%, indicating overall financial health. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited. Overall, Derw Glass Ltd appears to be a stable, local business, but the increase in creditors warrants careful monitoring.

Registered in England/Wales under the registration number 03075242, with a registered address at SA37 0JB, Boncath, Pembrokeshire, Pantyderi, Blaenffos.

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