Independent Glass Company Limited
Registered name: INDEPENDENT GLASS COMPANY LIMITED
Part of Ig Glass Group Limited groupIndependent Glass Company Limited made £23.3m revenue and £26k profit in the year to 30 Sep 2025. read from filing text
Independent Glass Company Limited’s revenue fell 4% to £23.3m in the year to 30 Sep 2025, with £26k profit and 214 employees. The company is classified under “shaping and processing of flat glass” and is based in Rutherglen; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Rutherglen, Scotland
- Age
- 39 yrs · since 1987
- 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 directors regard IG Glass Group Limited, a company registered in Scotland, as the ultimate parent undertaking and controlling party. Copies of IG Glass Group Limited’s group financial statements m”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £28.3m | £24.2m | £23.3m |
| Cost of sales | £19.6m | £17m | £17m |
| Gross profit | £8.7m | £7.2m | £6.3m |
| Operating profit | £1.7m | £384k | −£220k |
| Profit before tax | £1.6m | £412k | −£185k |
| Profit after tax | £1.5m | £629k | £26k |
| Profit (best available) | £1.5m | £629k | £26k |
| Staff costs | £8.7m | £8.8m | £9m |
| Employees (average) | 219 | 218 | 214 |
| Ratios | |||
| Profit margin | 5.1% | 2.6% | 0.1% |
| Gross margin | 30.6% | 29.8% | 27% |
| Revenue per employee | £129k | £111k | £109k |
| Profit per employee | £6.6k | £2.9k | £122 |
| Growth (year on year) | |||
| Revenue growth | — | ▼14.4% | ▼3.8% |
| Profit growth | — | ▼56.8% | ▼95.9% |
| Headcount growth | — | ▼0.5% | ▼1.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £7.1m | £7.4m | £6m |
| Net assets | £9.7m | £10.2m | £10.7m |
| Fixed assets | £4.8m | £4.4m | £5.1m |
| Current assets | £14.3m | £14.6m | £14.3m |
| Debtors | £4.3m | £3.5m | £3.6m |
| Deferred income | £669k | £587k | £539k |
| Source | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 27%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £109k
- Revenue ÷ average employees.
- Profit per employee
- £122
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 22.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.4%
- 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
- ▲4%
- Now £10.7m
- Cash at bank
- ▼19%
- Now £6m
- Headcount
- ▼2%
- Now 214
- Deferred income
- ▼8%
- Now £539k
- Fixed assets
- ▲17%
- Now £5.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ig Glass Group Limitedultimate parent75–100%
- Independent Glass Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Ighw LimitedFigures not disclosed
- Strathclyde Holdings LimitedFigures not disclosed
Sister companies (1)
- Westcrowns Contracting Services Ltd.Active - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- Profit
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- Kwiktuf LimitedHull · Shaping and processing of flat glass
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £26k), from the Companies House accounts bulk data published Jun 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.