Glass & Design Limited

Glass & Design Limited, based in Hemel Hempstead, UK, is a small, active company founded nine years ago. With four employees and £33,696 in assets, it operates from a real address and is overseen by two directors and three owners. The company is an irregular importer, primarily bringing in miscellaneous metal items, with the last import occurring two months ago in April 2024. It’s involved in the construction of domestic buildings.

The company’s website is not available, so it’s difficult to determine if they operate an e-commerce platform or primarily engage in business-to-business sales. Without a website, it’s hard to gauge their marketing efforts or customer reach.

Financially, Glass & Design Limited presents a mixed picture. While cash bank on hand has dramatically improved, increasing by an impressive 680% to £7,200, other areas show concern. Net assets have plummeted 100% to just £300, a significant drop from the previous year’s -£22,000. Trade creditors have decreased by a substantial 89%, which could indicate better debt management, but the sharp decline in equity is worrying. The company’s small size (meeting two of three conditions for being classified as small) helps with agility, but the drop in equity suggests potential financial strain. The company’s accounts are unaudited, and no auditor is mentioned.

The increase in average employees from four to five is a positive sign, suggesting growth, but the overall financial picture warrants careful monitoring. The company’s irregular import activity and focus on construction could be impacted by broader economic trends and supply chain disruptions.

Registered in England/Wales under the registration number 09823779, with a registered address at HP3 8SD, England, Hemel Hempstead, Unit5 Harthall Lane, Pimlico.

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