Padiham Glass Limited

Padiham Glass Ltd from Padiham UK is a small, holding company with an active status, established 44 years ago. The business employs 68 people and holds assets valued at £953,858. It has a real address, is overseen by four directors, and has one owner. Google users rate it 5.0 stars based on 80 reviews, and it’s a regular importer of machinery, boilers, and mechanical appliances—parts were imported three months ago.

The company operates in the shaping and processing of flat glass industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The business is a holding company, and its status is active. It was incorporated on October 07, 1980. The address is probably real, as only one company registered at the address.

Padiham Glass Ltd is a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling three months of imports. The last import operation was conducted on June 01, 2023.

Financially, Padiham Glass Ltd shows some interesting trends. Cash and cash equivalents fell by 43%, dropping to £56,000. Trade debtors increased by 11%, reaching £54,000, while trade creditors decreased by 14%, falling to £88,000. Bank borrowings surged by 2,400%, reaching £29,000. Net assets decreased by 32%, falling to £500,000. The company’s small size helps it stay agile, but the equity drop raises questions. The accounts are unaudited, and no auditor is mentioned.

The company’s financial statements were prepared in accordance with the provisions applicable to companies subject to the small companies regime. The company’s financial statements have been prepared by MHA.

Registered in England/Wales under the registration number 01520736, with a registered address at BB12 7NG, Padiham, Burnley, Unit 10a Glastec Centre, Shuttleworth Mead Business Park.

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