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Company No. 02326629 · Incorporated 8 Dec 1988

Press Glass Limited

Registered name: PRESS GLASS LIMITED

Press Glass Limited made £54.8m revenue and a £8.9m loss in the year to 31 Dec 2025.

Press Glass Limited’s revenue grew 33% to £54.8m in the year to 31 Dec 2025, with a loss of £8.9m and 551 employees. The company is classified under “shaping and processing of flat glass” and is based in Swansea; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 23120Shaping and processing of flat glass
Status
Active
Location
Swansea, Wales
Age
37 yrs · since 1988
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company of Glass Systems Limited registered in the United Kingdom is Press Glass UK Limited, Druslyn House, De La Beche Street, Swansea, SA1 3HJ.”

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed
Revenue
£54.8m
Growth ▲32.7%
Profit
−£8.9m
Growth —
Profit margin
−16.3%
Gross 13.6%
Employees
551
Change ▲51.4%
Profit / employee
−£16.2k
Revenue/employee £99.5k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£46.9m£42.4m£41.3m£54.8m
Cost of sales£36.5m£33.9m−£33.7m−£47.4m
Gross profit£10.4m£8.5m£7.6m£7.4m
Operating profit£4.5m£2.7m£1.5m−£5.2m
Profit before tax£4.5m£2.2m−£1.6m−£9.2m
Profit after tax£4m£2.1m−£1.5m−£8.9m
Profit (best available)£4m£2.1m−£1.5m−£8.9m
Staff costs£11.7m£11.4m——
Employees (average)392364364551
Ratios
Profit margin8.6%4.9%−3.6%−16.3%
Gross margin22.1%20.1%18.3%13.6%
Revenue per employee£120k£117k£113k£99.5k
Profit per employee£10.3k£5.6k−£4.1k−£16.2k
Cash conversion−18.1%0.3%——
Growth (year on year)
Revenue growth—▼9.6%▼2.6%▲32.7%
Profit growth—▼49%▼172.4%—
Headcount growth—▼7.1%0%▲51.4%
Balance sheet — indirect signals, not revenue
Cash at bank£3.6m£1.7m——
Net assets£15.8m£17.8m——
Fixed assets£3m£26.4m——
Debtors£7m£6.2m——
Deferred income£92.2k£90.6k——
Cash from operations−£808k£7.2k——
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024Accounts · bulk data Sep 2025Accounts · bulk data Oct 2026
Derived from the latest filing

How the business works

Profit margin
−16.3%
Profit ÷ revenue.
Gross margin
13.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£99.5k
Revenue ÷ average employees.
Profit per employee
−£16.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now —
Cash at bank
—
Now —
Headcount
▲51%
Now 551
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit −£8.9m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.