How much does Press Glass Climate Limited make?

Press Glass Climate Limited reported revenue of £15.5m and a loss of £65.1k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Press Glass Climate Limited have?

Press Glass Climate Limited reported an average of 136 employees in the year to 31 Dec 2023.

Is Press Glass Climate Limited profitable?

No — Press Glass Climate Limited reported a loss of £65.1k in the year to 31 Dec 2023.

Company No. 03072172 · Incorporated 23 Jun 1995

Press Glass Climate Limited

Registered name: PRESS GLASS CLIMATE LIMITED

Part of Press Glass UK Limited group

Press Glass Climate Limited made £15.5m revenue and a £65.1k loss in the year to 31 Dec 2023.

Press Glass Climate Limited’s revenue fell 21% to £15.5m in the year to 31 Dec 2023, with a loss of £65.1k and 136 employees. The company is classified under “other manufacturing” and is based in Swansea; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Swansea, Wales
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. From the filing: “The immediate parent company of Vizor Tempered Glass 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 2023

Key figures

Capital-lightCash flow filed

Revenue

£15.5m

Growth ▼20.6%

Profit

−£65.1k

Growth ▼106.1%

Profit margin

−0.4%

Gross 13%

Employees

136

Change ▼18.6%

Profit / employee

−£479

Revenue/employee £114k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.6m	£15.5m
Cost of sales	£15.4m	£13.5m
Gross profit	£4.1m	£2m
Operating profit	£975k	−£587k
Profit before tax	£1.2m	−£70k
Profit after tax	£1.1m	−£65.1k
Profit (best available)	£1.1m	−£65.1k
Staff costs	£5.6m	£4.9m
Employees (average)	167	136
Ratios
Profit margin	5.4%	−0.4%
Gross margin	21.1%	13%
Revenue per employee	£117k	£114k
Profit per employee	£6.4k	−£479
Cash conversion	−4.1%	—
Growth (year on year)
Revenue growth	—	▼20.6%
Profit growth	—	▼106.1%
Headcount growth	—	▼18.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£932k
Net assets	£12.7m	£12.7m
Fixed assets	£305k	£236k
Debtors	£1.3m	£968k
Deferred income	£7.2k	£5.4k
Cash from operations	−£40.2k	−£603k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −0.4%; Profit ÷ revenue.
Gross margin: 13%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £114k; Revenue ÷ average employees.
Profit per employee: −£479; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.2%; 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: ▼1%; Now £12.7m
Cash at bank: ▼39%; Now £932k
Headcount: ▼19%; Now 136
Deferred income: ▼25%; Now £5.4k
Fixed assets: ▼23%; Now £236k

Corporate ownership

Group structure

Ownership chain

Press Glass UK Limitedultimate parent75–100%
Press Glass Climate Limitedthis company

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

Sister companies (2)

Press Glass North LimitedRev. £32.9m · Profit −£2.8m
Press Glass Direct LimitedRev. £17.5m · Profit £1.8m

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£65.1k), from the Companies House accounts bulk data published Jul 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.