Bt Double Glazing Limited

Bt Double Glazing Limited, based in Greenford, UK, is a small, family-run business with an active status. Established fifteen years ago in 2009, the company employs just one person and holds £99,150 in assets. It operates from a real address and is overseen by three directors and two owners. The business regularly imports aluminum and aluminum products, with nineteen months of import activity recorded, the last in December 2024.

The company’s core business involves painting and glazing, operating in both industries. Its website, while not providing detailed information, suggests a focus on double glazing services, likely catering to residential and commercial clients in the local area. It’s unclear if the company has an e-commerce presence or primarily relies on direct sales and local marketing.

Financially, Bt Double Glazing Limited presents a mixed picture. While current assets increased slightly to £99,000, net assets decreased to -£24,000—a significant drop. Bank borrowings decreased by 27% to £28,000, and cash reserves increased substantially to £41,000. However, creditors rose by 68% to £63,000, and trade debtors fell by 52% to £25,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity raises concerns. As a small company, it's exempt from an audit, so the figures are unaudited.

The increase in creditors suggests the company may be relying on credit to manage its operations, while the decrease in debtors could indicate slower payments from customers. The negative equity, however, is a worrying sign, potentially indicating that the company is burning through money faster than it’s generating revenue. It’s possible that the company is in a transitional phase, investing in growth or facing temporary setbacks—but careful monitoring of its financial health will be crucial moving forward.

Registered in England/Wales under the registration number 06987026, with a registered address at UB6 7JA, Greenford, 35 George V Way, Perivale.

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