Glass Blocks Direct Limited

Glass Blocks Direct Ltd from Chichester UK: a small, active company founded 20 years ago, employs five people, and holds £565,965 in assets. It's a solo-founded operation with one director and owner. The company regularly imports glass and glassware, with 42 months of import activity recorded, the last operation made in February 2025.

The business operates in the retail sector, specifically focusing on the sale of building materials. While the core business involves the supply of glass blocks and related products, the company also appears to engage in broader building material distribution. Its website, though not extensively detailed, suggests a focus on providing quality building materials to both trade and retail customers.

Financially, Glass Blocks Direct Ltd presents a mixed picture. Current assets have decreased by 9.8% to £570,000, while net assets have fallen by 17% to £370,000. Bank borrowings have increased slightly by 3.5% to £5,600, and cash reserves have declined by 25% to £400,000. Creditors have increased by 9.1%, and trade debtors have doubled to £130,000, suggesting a possible shift in payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity could indicate financial pressures. The accounts are unaudited, likely due to its status as a small company.

The sharp increase in dividend payments, rising 200%, could be a sign of the owner extracting profits, or perhaps a one-off distribution. It's worth noting the company’s focus on importing glass and glassware, which may be affected by global supply chain dynamics and import costs.

Registered in England/Wales under the registration number 05255931, with a registered address at PO19 8PN, Chichester, West Sussex, 4 Phoenix Business Centre, Spur Road.

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