Instrument Glasseslimited
- Small
- Active
- 62 years
- 37 employees
- £1,863,941 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Instrument Glasses Ltd, based in Potters Bar, UK, is a long-standing small business, active since its founding 62 years ago in December 1962. With 37 employees and £1,863,941 in assets, it's a family-run operation with two directors and a single owner, the solo founder. The company operates from a virtual address, registered at Salisbury House, which is a bit odd as 111 companies share the same address. Instrument Glasses is a regular importer of glass and glassware (14 months) and a seasoned exporter (88 months), with the latest export activity recorded in February 01, 2025.
The company's website showcases a business specializing in precision workmanship and quality glass products. It serves a diverse range of industries, including lighting, optical trade, gift industry, security, automotive, engineering, defence, medical, museums, and pressure vessel sectors. It offers a wide range of glass products, from standard stock to custom splashbacks and display cabinets. A poignant section on the site commemorates the recent passing of Brian Botterman, the beloved husband, father, grandfather, and Managing Director, highlighting the family’s deep involvement in the business. The website also hints at a separate venture, 1066 Pianos, which seems to be a high-end piano restoration business, adding a layer of complexity to the company’s overall profile.
Financially, Instrument Glasses Ltd presents a mixed picture. While cash reserves increased by a healthy 14% to £1.1 million, net assets remained steady at £3.6 million. However, creditors decreased by a significant 26%, suggesting better debt management. Trade debtors also fell by 27%, which is good. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in trade debtors might indicate a slowdown in sales. There’s no auditor mentioned, so the figures are unaudited.
Overall, Instrument Glasses Ltd seems to be a stable, long-standing business, but the decrease in trade debtors could be a sign of a potential challenge. The dual nature of the business, with its glass processing and the separate piano restoration venture, adds an interesting dynamic that could be a source of strength or complexity.
Registered in England/Wales under the registration number 00743609, with a registered address at EN6 5AS, United Kingdom, Potters Bar, Hertfordshire, C/O Michael Filiou Ltd Salisbury House, 81 High Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 13 years
- 1
- 🇬🇧
Resident of United Kingdom
-
Individual
- 15 years
- 1
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-05 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2024-03-31Download 11 pages pdf report
-
Cessation of Mr Brian Botterman (Deceased) as a person with significant control on 2024-01-04Download 1 page pdf report
Instrument Glasseslimited controls
Owns & Controls
-
Corporate
- 9 years
- 50%+
- 🇬🇧
Resident of United Kingdom
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Instrument Glasseslimited
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