How much does Glass Squad Ltd make?

Glass Squad Ltd reported revenue of £72.6k and a loss of £8.9k in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Glass Squad Ltd have?

Glass Squad Ltd reported an average of 3 employees in the year to 31 May 2025.

Is Glass Squad Ltd profitable?

No — Glass Squad Ltd reported a loss of £8.9k in the year to 31 May 2025.

Company No. 12627756 · Incorporated 27 May 2020

Glass Squad Ltd

Registered name: GLASS SQUAD LTD

Glass Squad Ltd made £72.6k revenue and a £8.9k loss in the year to 31 May 2025.

Glass Squad Ltd’s revenue fell 48% to £72.6k in the year to 31 May 2025, with a loss of £8.9k and 3 employees. The company is classified under “other retail sale not in stores, stalls or markets” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47990Other retail sale not in stores, stalls or markets

Status: Active
Location: London, London
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall team

Revenue

£72.6k

Growth ▼48.2%

Profit

−£8.9k

Growth ▼291%

Profit margin

−12.3%

Gross 24.9%

Employees

Change ▼40%

Profit / employee

−£3k

Revenue/employee £24.2k

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 to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£245k	£129k	£140k	£72.6k
Cost of sales	£138k	£74.9k	£65.9k	£54.5k
Gross profit	£107k	£54.4k	£74.3k	£18.1k
Operating profit	£810	−£36.7k	£15.3k	−£8.9k
Profit before tax	£810	−£36.7k	£4.7k	−£8.9k
Profit after tax	£657	−£36.7k	£4.7k	−£8.9k
Profit (best available)	£657	−£36.7k	£4.7k	−£8.9k
Employees (average)	3	3	5	3
Ratios
Profit margin	0.3%	−28.4%	3.3%	−12.3%
Gross margin	43.6%	42.1%	53%	24.9%
Revenue per employee	£81.6k	£43.1k	£28k	£24.2k
Profit per employee	£219	−£12.2k	£932	−£3k
Growth (year on year)
Revenue growth	—	▼47.1%	▲8.5%	▼48.2%
Profit growth	—	▼5693%	—	▼291%
Headcount growth	—	0%	▲66.7%	▼40%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.5k	£274	£1.9k	£431
Net assets	£14.5k	−£22.2k	−£17.4k	−£26.3k
Current assets	£14.5k	£274	£5.1k	£431
Debtors	£5k	—	£3.2k	—
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −12.3%; Profit ÷ revenue.
Gross margin: 24.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £24.2k; Revenue ÷ average employees.
Profit per employee: −£3k; 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 −£26.3k
Cash at bank: ▼78%; Now £431
Headcount: ▼40%; Now 3
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit −£8.9k), from the Companies House accounts bulk data published Feb 2026. 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.