Press Glass Direct Limited
Registered name: PRESS GLASS DIRECT LIMITED
Part of Press Glass UK Limited groupPress Glass Direct Limited made £17.5m revenue and £1.8m profit in the year to 31 Dec 2024.
Press Glass Direct Limited’s revenue fell 2% to £17.5m in the year to 31 Dec 2024, with £1.8m profit and 138 employees. The company is classified under “other manufacturing” and is based in Swansea; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Swansea, Wales
- Age
- 20 yrs · since 2006
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £17.3m | £17.9m | £17.5m |
| Cost of sales | £13.5m | £13.8m | −£13.3m |
| Gross profit | £3.9m | £4.1m | £4.2m |
| Operating profit | £1.9m | £2m | £1.8m |
| Profit before tax | £2m | £2.2m | £2.3m |
| Profit after tax | £1.7m | £2m | £1.8m |
| Profit (best available) | £1.7m | £2m | £1.8m |
| Staff costs | £4.6m | £4.8m | — |
| Employees (average) | 145 | 145 | 138 |
| Ratios | |||
| Profit margin | 9.9% | 11.2% | 10.4% |
| Gross margin | 22.2% | 22.8% | 23.8% |
| Revenue per employee | £120k | £124k | £127k |
| Profit per employee | £11.9k | £13.8k | £13.2k |
| Cash conversion | −78.3% | −102.8% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲3.4% | ▼2.3% |
| Profit growth | — | ▲16.8% | ▼9.2% |
| Headcount growth | — | 0% | ▼4.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.3m | £3.3m | — |
| Net assets | £7.5m | £9.5m | — |
| Fixed assets | £1.1m | £876k | — |
| Debtors | £2.6m | £2.6m | — |
| Deferred income | £3.1k | £2.3k | — |
| Cash from operations | −£1.5m | −£2.1m | — |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 10.4%
- Profit ÷ revenue.
- Gross margin
- 23.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £127k
- Revenue ÷ average employees.
- Profit per employee
- £13.2k
- 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.
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
- ▼5%
- Now 138
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Press Glass UK Limitedultimate parent75–100%
- Press Glass Direct 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 Climate LimitedRev. £15.5m · Profit −£65.1k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £1.8m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 13 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.