M Glass Ltd

M Glass Ltd, based in Harrow, UK, is a small, active company founded six years ago. With two employees and £77,981 in assets, it operates from a virtual address, a fact highlighted by the presence of ninety-six other companies registered at the same location. The company is led by a solo founder and director, Balabukh Mykhaylo, and maintains a perfect 5.0 Google rating from five reviews. It’s an irregular importer of glass and glassware, with its last import operation occurring just one month ago in November 2024.

The company's website showcases a range of glass products and services, including double-glazed units, toughened glass, and bespoke designs. It operates an online store and offers quotation forms, emphasizing competitive pricing and UK-wide delivery. The site also highlights the company's expertise in glass restoration and bespoke installations, catering to both residential and commercial clients. The company's blog offers advice on using glass in interior design, demonstrating a focus on customer education and establishing authority.

Financially, M Glass Ltd presents a mixed picture. While cash reserves increased by 57% to £39,000, current assets have decreased by 91% to £78,000. Trade debtors have risen dramatically by 400%, reaching £38,000, suggesting potential issues with customer payments. Bank borrowings have also decreased, reaching £5,500. 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 flexibility, but the decrease in net assets to £37,000 is a concern. As a small company, it's exempt from an audit, relying on unaudited financial statements.

It appears the company is facing some financial pressures, but the strong Google rating and focus on specialized glass products suggest a loyal customer base. Whether it can sustain growth and profitability remains to be seen, but the company’s agility and niche focus may prove beneficial.

Registered in England/Wales under the registration number 11710779, with a registered address at HA1 1BH, United Kingdom, Harrow, Middlesex, 166 College Road.

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