Lancashire Double Glazing Group Limited

Lancashire Double Glazing Group Ltd, based in Preston, UK, is a holding company with an active status, celebrating 36 years in business. Employing 135 people, the company boasts assets of £4,614,678 and operates from a real address shared by four other companies. Led by five directors and owned by Forsyth Thomas William, the solo founder, it holds a respectable Google rating of 4.0 based on 422 reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation occurring in December 2024. It operates within the painting industries.

The company’s website showcases a wide range of services, from window and door installations to conservatory construction and home extensions. It’s clearly geared towards a consumer market, with a strong emphasis on visual appeal and customer testimonials. The site functions as an e-commerce platform, allowing customers to request quotes, browse products, and even explore financing options. There’s a dedicated section for commercial clients, highlighting the company’s ability to handle large-scale projects. The site also features a blog with articles on home improvement tips and industry news.

Financially, Lancashire Double Glazing Group Ltd presents a mixed picture. While current assets increased by 26% to £4,600,000, net assets grew by a substantial 50% to £1,600,000. However, cash bank on hand decreased by 23% to £450,000, and bank borrowings surged by 36% to £3,100,000. Creditors also rose by 18% to £760,000. The company’s workforce has shrunk slightly, with an average of 130 employees reported—a decrease of 3.7% from the previous year. The company’s retained earnings accumulated losses increased by 120% to £1,100,000. The lack of an auditor mentioned suggests the company is exempt from a formal audit, relying on unaudited financial statements.

The increased debt, despite growing assets, could indicate expansion through borrowing or challenges in cash flow management. The company’s focus on customer service and its wide range of services suggest a commitment to growth—but the financial data warrants close monitoring to ensure long-term stability.

Registered in England/Wales under the registration number 02309348, with a registered address at PR1 7NL, Preston, Lancashire, 213-217 Havelock Street.

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