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GLASS SYSTEMS LIMITED
DRUSLYN HOUSE, DE LA BECHE STREET, SWANSEA, SA1 3HJCompany Number: 02326629
Incorporation date: 08-Dec-1988
Status: Active
Entity type: Private Limited Company
SIC codes:
23990 Manufacture of other non-metallic mineral products not elsewhere classified
SUMMARY
This company is 35.4 years old and is currently active. It is controlled by Press Glass Uk Limited. The company has positive equity (net assets) of GBP 15.8 million which has increased from GBP 11.7 million in the previous year. The latest reported revenue figure is GBP 46.9 million which is up 10% on previous year's figure of GBP 41.8 million. The company has 2 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Dec-2022 | GBP | 46,897,840 | 4,479,227 | -38,895 | 485,312 | 4,032,810 | |
| 31-Dec-2021 | GBP | 41,794,855 | 5,743,545 | -3,534 | 900,420 | 4,846,659 | |
| 31-Dec-2020 | GBP | 28,265,286 | 1,973,602 | 16,249 | 156,204 | 1,801,149 | |
| 31-Dec-2019 | GBP | 32,020,016 | 2,295,089 | 130,693 | 2,117,000 | ||
| 31-Dec-2018 | GBP | 27,383,783 | 537,187 | 53,585 | -114,964 | 34,050 | 509,858 |
| 31-Dec-2017 | GBP | 25,349,232 | 551,925 | 20,670 | 110,541 | 78,352 | 383,702 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2022 | GBP | 3,566,426 | 14,009,740 | 5,917,785 | 261,334 | 216,000 | 14,767,368 | 15,779,308 | |
| 31-Dec-2021 | GBP | 3,637,133 | 10,720,693 | 6,423,601 | 916,182 | 216,000 | 10,734,558 | 11,746,498 | |
| 31-Dec-2020 | GBP | 1,965,094 | 7,585,282 | 6,566,012 | 1,573,289 | 216,000 | 5,887,899 | 6,899,839 | |
| 31-Dec-2019 | GBP | 157,612 | 8,503,494 | 6,021,659 | 1,173,345 | 216,000 | 4,086,750 | 5,098,690 | |
| 31-Dec-2018 | GBP | 138,846 | 7,676,786 | -7,122,158 | -1,075,737 | 216,000 | 1,969,750 | 2,981,690 | |
| 31-Dec-2017 | GBP | 142,043 | 6,994,053 | 7,068,896 | 1,363,039 | 216,000 | 1,459,892 | 2,471,832 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Resigned | John Michael WOOD | 03 Sep 2020 | British | 0 - 9 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Khaled Mohamed EL-LEBOUDY | 01 Sep 2020 | Managing Director Glass Systems | British | 4 - 0 | 0 (0.0%) | |
| Resigned | Cezary Robert ZIOLKOWSKI | 22 Aug 2019 | 24 Apr 2020 | Finance Director | Polish | 0 - 2 | 0 (0.0%) |
| Resigned | Jacek SZYMAŃSKI | 08 Nov 2016 | 27 Sep 2018 | Director | Polish | 0 - 6 | 1 (16.7%) |
| Resigned | Cezary ZIÓLKOWSKI | 09 Sep 2015 | 09 Sep 2015 | Finance Director | Polish | 0 - 5 | 1 (20.0%) |
| Resigned | Tomasz KASZTELAN | 09 Sep 2015 | 01 Nov 2016 | Export Sales Manager | Polish | 0 - 4 | 1 (25.0%) |
| Active | Tomasz WOZOWICZ | 09 Sep 2015 | Director | Polish | 5 - 0 | 0 (0.0%) | |
| Resigned | Timothy Grahame HORWOOD | 16 Nov 2004 | 24 Sep 2010 | Director | British | 0 - 4 | 1 (25.0%) |
| Resigned | Alan George, Mr. ATKINSON | 16 Nov 2004 | 22 Sep 2014 | Director | British | 0 - 6 | 3 (50.0%) |
| Resigned | Martin ROWE | 16 Nov 2004 | 09 Sep 2015 | Manager | British | 0 - 4 | 1 (25.0%) |
| Resigned | Beverley Claire WOOD | 22 Aug 2019 | Manager | British | 1 - 8 | 4 (44.4%) | |
| Resigned | John Michael WOOD | 01 Sep 2020 | Managing Director | British | 0 - 9 | 2 (22.2%) |
Average tenure of active directors: 6.1 years
Average tenure of resigned directors: 3.4 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
|
Name
|
|||
|---|---|---|---|
| GLASS SYSTEMS LIMITED (02326629) - Active | ✔ | ✔ | |
| VIZOR TEMPERED GLASS LIMITED (03072172) - Active | ✔ | ✔ | |
| GLASS SYSTEMS (DIRECT) LIMITED (05810958) - Active | ✔ | ✔ | |
| PRESS GLASS UK LIMITED (09227719) - Active | ✔ | ||
| GLASS SYSTEMS NORTH LIMITED (10430325) - Active | ✔ | ✔ |
SHAREHOLDERS (BETA)
| Shareholder name | Share class | Shares at confirmation date | ||||
|---|---|---|---|---|---|---|
| 2020-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | ||
| PRESS GLASS UK LIMITED | ORDINARY | 216,000 100% | 216,000 100% | 0 0% | 0 0% | 0 0% |
| MC 327 LIMITED | ORDINARY | 0 0% | 0 0% | 216,000 100% | 216,000 100% | 216,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
GLASS SYSTEMS LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
23990 Manufacture of other non-metallic mineral products not elsewhere classified)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| ROCKWOOL LIMITED | ROCKWOOL SITE, PENCOED, BRIDGEND, BRIDGEND COUNTY BOROUGH, UNITED KINGDOM, CF35 6NY | 00972252 | 2017-12-31 | 113,250,000 | 3,624,000 | |
| ARMSTRONG WORLD INDUSTRIES LIMITED | KINGSWAY SOUTH TEAM VALLEY, GATESHEAD, TYNE & WEAR, UNITED KINGDOM, NE11 0SP | 00207732 | 2017-12-31 | 78,285,000 | 16,074,000 | |
| COAL PRODUCTS LIMITED | WESTTHORPE FIELDS ROAD, KILLAMARSH, SHEFFIELD, S21 1TZ | 01102042 | 2018-03-31 | 67,600,000 | 3,500,000 | |
| LKAB MINERALS LIMITED | C/O LKAB MINERALS LIMITED, RAYNESWAY, DERBY, ENGLAND, DE21 7BE | 04621769 | 2017-12-31 | 43,122,335 | 664,431 | |
| BRICK KILN COMPOSITES LIMITED | 9 WORTON PARK, CASSINGTON, WITNEY, OXON, OX29 4SX | 08825405 | 2018-05-31 | 3,522,482 | 0 | |
| MOULDING COMPOUNDS LIMITED | C/O GLASSBOND (N.W) LIMITED WEST SIDE INDUSTRIAL ESTATE, JACKSON ST, ST HELENS, MERSEYSIDE, WA9 3AT | 07886992 | 2018-02-28 | 983,486 | 0 | |
| GREENSCIENCEUK LIMITED | 169 HIGHFIELD STREET, COALVILLE, LEICESTERSHIRE, UNITED KINGDOM, LE67 3BS | 09775849 | 2018-09-30 | 2,988 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
| Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
|---|---|---|---|---|
| GLASS SYSTEMS LIMITED | 0.7% | 3.6% | 7.1% | Medium |
| Other companies Active in the same sector | Too few competitors | |||
| Age | 0.3% | 1.3% | 2.4% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.7% | 2.2% | 3.8% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
