Union Glass Centres Limited

Union Glass Centres Ltd, based in Plymouth, UK, is a small, holding company with an active status, celebrating 33 years in business. Employing 16 people and holding £440,499 in assets, the company operates from a real address and is managed by three directors and one owner. It boasts a stellar 5.0 Google rating from 74 reviews and regularly imports machinery, boilers, and mechanical appliances, with its last import operation recorded three months ago in May 2017.

The company’s website, salesunion.co.uk, showcases a focus on premium glass products and services. It’s clear they’re targeting both residential and commercial clients, offering everything from stylish splashbacks and sturdy balustrades to double glazing and custom glass designs. The site highlights a wide range of services, including digital printing, sandblasting, and even restoration glass—a testament to their diverse skillset. They also maintain a blog with regular updates, covering topics like spring home refresh ideas and the latest trends in glass technology.

Financially, Union Glass Centres Ltd presents a mixed picture. Current assets have seen a significant drop of 40%, falling to £440,000, while bank borrowings have decreased by 3.1% to £72,000. Cash reserves have plummeted 87%, leaving just £53,000 remaining. However, creditors have also decreased by 11%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility, but the substantial drop in cash reserves is a concern. Trade debtors have increased by 36%, which could be a sign of customers taking longer to pay, or an expansion of credit terms. As a small company, they are exempt from an audit, so the figures are unaudited.

Overall, Union Glass Centres Ltd appears to be navigating a challenging financial climate, but its strong online presence, positive customer reviews, and diverse service offerings position it well for future success. The company’s long history and reputation for quality suggest it has the resilience to weather these pressures, though careful monitoring of cash flow will be essential.

Registered in England/Wales under the registration number 02662264, with a registered address at PL1 3QT, England, Plymouth, 31-32 Emma Place.

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