Glarses Limited

Glarses Limited is a small, active company based in Poole, UK, founded four years ago in 2021. It operates with a single employee and holds £63,675 in assets, utilizing a virtual address shared by 68 other companies. The company is led by one director and owner, who is also the solo founder. Glarses Limited is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with its last import activity recorded one month ago in October 2022. The company’s core business involves video production activities.

The company's website paints a picture of a structural and facade engineering firm, GLSS, based in London. They describe themselves as problem-solvers, dedicated to improving the physical world. GLSS boasts a history dating back to 1985, initially as Dewhurst Macfarlane and Partners, and now operates with an overall staff of 15, including a Shanghai office. They’re involved in projects ranging from bespoke sculptural assignments to large-scale facade projects, working across the UK, Europe, Asia, Middle East, and North America. The website highlights notable projects like the Apple Flagship stores and the University of Chicago School of Business, showcasing expertise in innovative glass structural applications. The team’s diverse skills—from facade engineers to sustainability consultants—support design and client teams, aiming to exceed expectations.

Financially, Glarses Limited shows a mixed picture. Current assets increased significantly by 150% to £64,000, while cash reserves declined by 29% to £18,000. Bank borrowings are not mentioned, but creditors increased by 44% to £43,000. Equity, however, jumped by a staggering 2000% to £24,000, largely driven by retained earnings. Trade debtors increased substantially to £46,000, suggesting potential delays in customer payments. 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. No auditor is mentioned, likely due to the small company exemption.

Overall, Glarses Limited appears to be growing, with increased assets and equity, but the rise in debtors and creditors suggests a need for careful cash flow management. It’s likely that the company is reinvesting profits back into the business, fueling growth—but keeping an eye on cash flow will be important going forward.

Registered in England/Wales under the registration number 13349079, with a registered address at BH15 2PG, England, Poole, Dorset, C/O Ocelot Accounting, 54 Parkstone Road.

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