GLASS & GLAZE LTD Financials
- Company number
- 12704727CopyCopy
- Registered office
- 50 Princes Street, Ipswich IP1 1RJ
- Incorporated
- 29/06/2020
Company snapshot
- Status
- Active
- Employees
- 34 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
14.89%vs 20232023: £-122.66K
Total Assets
-12.32%vs 20232023: £173.80K
Cash in Bank
-21.26%vs 20232023: £28.44K
Total Liabilities
-13.38%vs 20232023: £296.46K
Employees
0vs 20232023: 34
In 2024, GLASS & GLAZE LTD reported net assets of £-104.39K. The same filing shows total assets of £152.38K, cash in bank of £22.39K and total liabilities of £256.78K. Reported headcount was 34 in 2024. Total Liabilities fell from £296.46K in 2023 to £256.78K in 2024 (-13.38%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
14.89%from £-122.66K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures GLASS & GLAZE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-19%vs 2022-10% a year compound (CAGR)
Total Assets
-13.1%vs 2022-6.8% a year compound (CAGR)
Total Liabilities
-17.6%vs 2022-9.2% a year compound (CAGR)
Employees
+467%vs 2022+28Biggest increase
Employees+467%
6 in 2022 to 34 in 2024
Biggest decrease
Cash in Bank-19%
£27.64K in 2022 to £22.39K in 2024
GLASS & GLAZE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GLASS & GLAZE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -68.51%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 168.51%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 8.72%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 14.70%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GLASS & GLAZE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 130.13K | -136.36K | -122.66K | -104.39K |
| Total Assets£ | 252.32K | 175.35K | 173.80K | 152.38K |
| Cash in Bank£ | – | 27.64K | 28.44K | 22.39K |
| Total Liabilities£ | 70.75K | 311.71K | 296.46K | 256.78K |
| Employees | 6 | 6 | 34 | 34 |
GLASS & GLAZE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GLASS & GLAZE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GLASS & GLAZE LTD reported net assets of £-104.39K for 2024. That compares with £-122.66K in 2023, a change of 14.89%.
GLASS & GLAZE LTD reported total assets of £152.38K for 2024. That compares with £173.80K in 2023, a change of -12.32%.
GLASS & GLAZE LTD reported cash in bank of £22.39K for 2024. That compares with £28.44K in 2023, a change of -21.26%.
GLASS & GLAZE LTD reported 34 employees in 2024, compared with 34 in 2023.
Between 2022 and 2024, GLASS & GLAZE LTD's cash in bank fell by 19%, total assets fell by 13.1%, total liabilities fell by 17.6% and employee numbers rose by 467%. Cash in bank contracted at 10% a year across the two years to 2024, from £27.64K to £22.39K. Reported headcount went from 6 in 2022 to 34 in 2024 (+28).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.