Glassworks International Limited

Glassworks International Ltd, based in Cambridge, UK, is a holding company with a 20-year history and an active status. Employing 12 people, the company holds £6,162,063 in assets and generates £14,899,895 in yearly revenue. While boasting a perfect 5.0 Google rating based on three reviews, it operates from a virtual address shared by 169 other companies, raising some questions about its physical presence. Four directors and one owner guide the company, which regularly imports and exports glass and glassware—194 months of import activity and 76 months of export activity, the latest in February 2025.

The company’s website showcases its core business: supplying closures for bottles and jars. Glassworks International emphasizes sustainability, targeting businesses seeking eco-friendly packaging solutions. The site details a wide range of bottles and jars—from Burgundy Stelvin glass bottles to artisanal glass jars—catering to the wine, spirits, food, and oil industries. They even offer bespoke design services, suggesting a focus on customer customization. A section on “Glass vs. Plastic” highlights the environmental benefits of glass, positioning the company as a champion of sustainable practices.

Financially, Glassworks International Ltd presents a mixed picture. Current assets have decreased by 23%, dropping to £6,200,000, while net assets have increased by 30% to £1,300,000. Bank borrowings have surged by 86%, reaching £2,100,000, and cash reserves have fallen 30% to £28,000. Creditors have decreased by 18%, indicating better debt management. The company meets two of three criteria to be considered a large company—turnover over £36 million, balance sheet total over £18 million, and over 250 employees—but the significant increase in bank borrowings and decrease in cash reserves suggest a need for careful financial management. The company’s accounts are unaudited, and no auditor is mentioned.

Overall, Glassworks International Ltd appears to be a well-regarded supplier of glass bottles and jars, with a strong emphasis on sustainability. However, the company’s financial performance warrants close monitoring, particularly regarding its increased reliance on bank borrowings.

Registered in England/Wales under the registration number 05128445, with a registered address at CB3 0QH, United Kingdom, Cambridge, Cambridgeshire, Unit 1, Cambridge House Camboro Business Park, Oakington Road, Girton.

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