GLUE FACTORY LTD Financials
- Company number
- SC704477CopyCopy
- Registered office
- 48 West George Street, Glasgow G2 1BP
- Incorporated
- 19/07/2021
Company snapshot
- Status
- Active
- Employees
- 27 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
103.00%vs 20242024: £1.41M
Total Assets
63.62%vs 20242024: £2.95M
Cash in Bank
34.63%vs 20242024: £183.96K
Total Liabilities
-62.32%vs 20242024: £526.16K
Employees
+8vs 20242024: 19
In 2025, GLUE FACTORY LTD reported net assets of £2.86M. The same filing shows total assets of £4.83M, cash in bank of £247.65K and total liabilities of £198.25K. Reported headcount was 27 in 2025. Total Assets rose from £2.95M in 2024 to £4.83M in 2025 (63.62%). Okredo holds filed figures for 2022–2025; 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
103.00%from £1.41M in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures GLUE FACTORY LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+755%vs 2023+192% a year compound (CAGR)
Cash in Bank
+3676%vs 2023+515% a year compound (CAGR)
Total Assets
+586%vs 2023+162% a year compound (CAGR)
Total Liabilities
+15.4%vs 2023+7.4% a year compound (CAGR)
Employees
+286%vs 2023+20Biggest increase
Cash in Bank+3676%
£6.56K in 2023 to £247.65K in 2025
Every indicator Okredo holds for GLUE FACTORY LTD rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GLUE FACTORY 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
- 59.31%2025
- 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
- 4.11%2025
- 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
- 124.92%2025
- 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
- 5.13%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £280.03K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GLUE FACTORY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 303.68K | 334.89K | 1.41M | 2.86M |
| Total Assets£ | 422.12K | 704.28K | 2.95M | 4.83M |
| Cash in Bank£ | – | 6.56K | 183.96K | 247.65K |
| Total Liabilities£ | 118.44K | 171.79K | 526.16K | 198.25K |
| Employees | 5 | 7 | 19 | 27 |
GLUE FACTORY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GLUE FACTORY LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
GLUE FACTORY LTD reported net assets of £2.86M for 2025. That compares with £1.41M in 2024, a change of 103.00%.
GLUE FACTORY LTD reported total assets of £4.83M for 2025. That compares with £2.95M in 2024, a change of 63.62%.
GLUE FACTORY LTD reported cash in bank of £247.65K for 2025. That compares with £183.96K in 2024, a change of 34.63%.
GLUE FACTORY LTD reported 27 employees in 2025, compared with 19 in 2024.
Between 2023 and 2025, GLUE FACTORY LTD's net assets rose by 755%, cash in bank rose by 3676%, total assets rose by 586% and total liabilities rose by 15.4%. Net assets compounded at 192% a year across the two years to 2025, from £334.89K to £2.86M. Reported headcount went from 7 in 2023 to 27 in 2025 (+20).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.