Glencairn Crystal Studio Limited

Glencairn Crystal Studio Ltd, based in Hamilton, UK, is a holding company with an active status, celebrating 25 years in business. Employing 65 people, the company holds assets valued at £11,284,850. While registered at an address shared by 154 other companies, suggesting a virtual address, it's a family-run business with four directors and three owners. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 32 reviews. Regular import and export activity is noted, with 261 months of imports and 644 months of exports, primarily involving glass and glassware.

The company's website showcases a wide range of crystal glassware, including whisky glasses, wine glasses, gin glasses, and decanters. It offers personalized gifts and caters to both retail and business customers. The site highlights the Glencairn Glass, a world-renowned design, and emphasizes the company’s commitment to quality and craftsmanship. A "Factory Outlet" section offers discounted items, while a "Collections" page showcases various designs.

Financially, Glencairn Crystal Studio Ltd shows a mixed picture. While cash bank on hand increased by a substantial 33% to £4,200,000, net assets increased by 44% to £8,500,000. However, deferred tax liabilities decreased by 110%, and creditors increased by 11%, suggesting potential strain on short-term obligations. The company’s net losses decreased slightly, but bank borrowings increased, indicating reliance on external financing. The absence of an auditor’s name in the report suggests the company is exempt from a full audit, relying on unaudited statements.

The company’s strong online presence and positive customer reviews suggest a healthy e-commerce operation, but the fluctuating financial figures highlight the challenges of managing a business in a competitive market. The reliance on external financing and the need to manage short-term obligations will be key factors in the company’s future success.

Registered in Scotland under the registration number SC195939, with a registered address at ML3 6DA, Hamilton, South Lanarkshire, 29 Brandon Street.

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