How much does Dual Seal Glass Ltd. make?

Dual Seal Glass Ltd. reported revenue of £16.3m and a loss of £503k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Dual Seal Glass Ltd. have?

Dual Seal Glass Ltd. reported an average of 141 employees in the year to 31 Dec 2023.

Is Dual Seal Glass Ltd. profitable?

No — Dual Seal Glass Ltd. reported a loss of £503k in the year to 31 Dec 2023.

Company No. 03036278 · Incorporated 22 Mar 1995

Dual Seal Glass Ltd.

Registered name: DUAL SEAL GLASS LTD.

Part of Ac Capital Holding Xv Gmbh group

Dual Seal Glass Ltd. made £16.3m revenue and a £503k loss in the year to 31 Dec 2023.

Dual Seal Glass Ltd.’s revenue was £16.3m in the year to 31 Dec 2023, with a loss of £503k and 141 employees. The company is classified under “manufacture of flat glass” and is based in Leeds; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 23110Manufacture of flat glass SIC 23120Shaping and processing of flat glass

Status: In Administration
Location: Leeds, Yorkshire and The Humber
Age: 31 yrs · since 1995
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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£16.3m

Growth —

Profit

−£503k

Growth —

Profit margin

−3.1%

Gross 34.8%

Employees

141

Change —

Profit / employee

−£3.6k

Revenue/employee £115k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.6m	£10.8m	£16.3m
Cost of sales	£10.4m	£6.9m	£10.6m
Gross profit	£6.3m	£3.9m	£5.7m
Operating profit	£420k	−£19.8k	−£1.2m
Profit before tax	£404k	−£29.6k	−£1.3m
Profit after tax	£327k	−£56.2k	−£503k
Profit (best available)	£327k	−£56.2k	−£503k
Staff costs	£4.7m	£3m	£5.1m
Employees (average)	140	138	141
Ratios
Profit margin	2%	−0.5%	−3.1%
Gross margin	37.6%	35.8%	34.8%
Revenue per employee	£119k	£78k	£115k
Profit per employee	£2.3k	−£407	−£3.6k
Balance sheet — indirect signals, not revenue
Cash at bank	£758k	£529k	£35.5k
Net assets	£6.5m	£6.5m	£6m
Fixed assets	£914k	£935k	£614k
Current assets	£8.4m	£8m	£8.1m
Debtors	£3.5m	£3.7m	£3.1m
Deferred income	£282k	£243k	£425k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −3.1%; Profit ÷ revenue.
Gross margin: 34.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £115k; Revenue ÷ average employees.
Profit per employee: −£3.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.2%; 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 £6m
Cash at bank: —; Now £35.5k
Headcount: —; Now 141
Deferred income: —; Now £425k
Fixed assets: —; Now £614k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Ac Capital Holding Xv Gmbh (registered outside the UK register)ultimate parent75–100%
Dual Seal Glass Holdings Limited75–100%
Dual Seal Glass Ltd.this company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£503k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

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