Warm Glass Limited

Warm Glass Ltd, based in Bristol, UK, is a small holding company with an active status, celebrating 20 years in business. Employing 30 people and holding assets worth £923,131, the company operates from a real address and is overseen by five directors and a single owner. It’s a regular importer of machinery, boilers, and mechanical appliances, and a regular exporter of glass and glassware, boasting a 4.0-star Google rating from 65 reviews and an e-commerce site.

The company’s website showcases a vast selection of glass products, from Bullseye glass for artists to kiln-fired creations and even specialized equipment for piano restoration. It caters to both hobbyists and professionals, offering a wide range of supplies and services. The website’s extensive catalog and detailed product descriptions highlight its commitment to serving the glass art community.

Financially, Warm Glass Ltd’s recent report reveals a mixed picture. Current assets have decreased by 14%, dropping to £920,000, while net assets have fallen significantly by 40%, settling at £570,000. Bank borrowings have increased by a substantial 180%, reaching £27,000, and cash reserves have shrunk by nearly 10%, sitting at £220,000. Trade debtors have also taken a hit, decreasing by 60%, while creditors have jumped by a considerable 91%, reaching £130,000. The company's small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decline in equity warrants attention. No auditor is mentioned, meaning the report is unaudited.

While the company’s e-commerce presence and product range are impressive, the financial data suggests some challenges. The increase in borrowings and decrease in cash reserves could indicate a need for improved cash flow management. It’s possible that the company is investing in growth, but the declining equity raises questions about its long-term financial health.

Registered in England/Wales under the registration number 05365166, with a registered address at BS40 5PA, Bristol, 5 Havyat Park Havyat Road, Wrington.

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