glass futures ltd
glass futures ltd Company Information
Company Number
10002698
Next Accounts
Nov 2025
Shareholders
-
Group Structure
View All
Industry
Manufacture of hollow glass
+2Registered Address
british glass headquarters build, 9 churchill way, sheffield, S35 2PY
Website
www.glass-futures.orgglass futures ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASS FUTURES LTD at £8.5m based on a Turnover of £7.2m and 1.17x industry multiple (adjusted for size and gross margin).
glass futures ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASS FUTURES LTD at £1.3m based on an EBITDA of £205.8k and a 6.36x industry multiple (adjusted for size and gross margin).
glass futures ltd Estimated Valuation
Pomanda estimates the enterprise value of GLASS FUTURES LTD at £5m based on Net Assets of £2.3m and 2.19x industry multiple (adjusted for liquidity).
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Glass Futures Ltd Overview
Glass Futures Ltd is a live company located in sheffield, S35 2PY with a Companies House number of 10002698. It operates in the manufacture of hollow glass sector, SIC Code 23130. Founded in February 2016, it's largest shareholder is unknown. Glass Futures Ltd is a young, mid sized company, Pomanda has estimated its turnover at £7.2m with high growth in recent years.
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Glass Futures Ltd Health Check
Pomanda's financial health check has awarded Glass Futures Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £7.2m, make it smaller than the average company (£24.6m)
£7.2m - Glass Futures Ltd
£24.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (10.5%)
27% - Glass Futures Ltd
10.5% - Industry AVG
Production
with a gross margin of 64.7%, this company has a comparable cost of product (55%)
64.7% - Glass Futures Ltd
55% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (4.1%)
2.9% - Glass Futures Ltd
4.1% - Industry AVG
Employees
with 49 employees, this is below the industry average (72)
49 - Glass Futures Ltd
72 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)
- Glass Futures Ltd
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £147.4k, this is equally as efficient (£135.6k)
£147.4k - Glass Futures Ltd
£135.6k - Industry AVG
Debtor Days
it gets paid by customers after 199 days, this is later than average (37 days)
199 days - Glass Futures Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 633 days, this is slower than average (49 days)
633 days - Glass Futures Ltd
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Glass Futures Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (66 weeks)
13 weeks - Glass Futures Ltd
66 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.3%, this is a higher level of debt than the average (34.3%)
91.3% - Glass Futures Ltd
34.3% - Industry AVG
GLASS FUTURES LTD financials
Glass Futures Ltd's latest turnover from February 2024 is £7.2 million and the company has net assets of £2.3 million. According to their latest financial statements, Glass Futures Ltd has 49 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 7,223,468 | 3,646,100 | 4,347,454 | 3,512,941 | 646,255 | 45,518 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 2,547,926 | 1,555,411 | 2,836,845 | 2,941,846 | 505,334 | 36,692 | ||
| Gross Profit | 4,675,542 | 2,090,689 | 1,510,609 | 571,095 | 140,921 | 8,826 | ||
| Admin Expenses | 4,469,700 | 1,613,283 | 423,712 | 140,921 | ||||
| Operating Profit | 205,842 | 477,406 | 147,383 | 0 | ||||
| Interest Payable | 0 | 0 | 0 | 7 | 0 | 0 | ||
| Interest Receivable | 8,327 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 214,169 | 477,406 | 338,741 | 147,376 | 0 | 0 | ||
| Tax | 229,621 | 436,313 | 449,129 | 0 | 0 | 0 | ||
| Profit After Tax | 443,790 | 913,719 | 787,870 | 147,376 | 0 | 0 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 443,790 | 913,719 | 787,870 | 147,376 | 0 | 0 | ||
| Employee Costs | 1,022,479 | 523,315 | 72,565 | |||||
| Number Of Employees | 49 | 39 | 19 | 9 | 2 | 2 | ||
| EBITDA* | 205,842 | 477,406 | 147,383 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 19,737,400 | 8,145,002 | 1,171,284 | 322,616 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,737,400 | 8,145,002 | 1,171,284 | 322,616 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,939,154 | 1,772,320 | 5,297,170 | 5,563,309 | 9,000 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 672,522 | 1,918,784 | 886,936 | 133,010 | 205,608 | 14,180 | 28,492 | 13,625 |
| Cash | 1,857,836 | 12,504,323 | 6,428,406 | 644,791 | 431,171 | 62,003 | 65,256 | 40,074 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,469,512 | 16,195,427 | 12,612,512 | 6,341,110 | 645,779 | 76,183 | 93,748 | 53,699 |
| total assets | 26,206,912 | 24,340,429 | 13,783,796 | 6,663,726 | 645,779 | 76,183 | 93,748 | 53,699 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,422,382 | 946,976 | 1,452,834 | 110,938 | 188,973 | 0 | 7,776 | 12,694 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,587,102 | 13,399,486 | 11,395,716 | 6,390,173 | 441,567 | 21,242 | 23,013 | 16,000 |
| total current liabilities | 7,009,484 | 14,346,462 | 12,848,550 | 6,501,111 | 630,540 | 21,242 | 30,789 | 28,694 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 16,904,673 | 8,145,002 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 15,239 | 15,239 | 54,941 | 62,959 | 25,005 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,904,673 | 8,145,002 | 0 | 15,239 | 15,239 | 54,941 | 62,959 | 25,005 |
| total liabilities | 23,914,157 | 22,491,464 | 12,848,550 | 6,516,350 | 645,779 | 76,183 | 93,748 | 53,699 |
| net assets | 2,292,755 | 1,848,965 | 935,246 | 147,376 | 0 | 0 | 0 | 0 |
| total shareholders funds | 2,292,755 | 1,848,965 | 935,246 | 147,376 | 0 | 0 | 0 | 0 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 205,842 | 477,406 | 147,383 | 0 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 229,621 | 436,313 | 449,129 | 0 | 0 | 0 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 920,572 | -2,493,002 | 487,787 | 5,481,711 | 200,428 | -14,312 | 14,867 | 13,625 |
| Creditors | 3,475,406 | -505,858 | 1,341,896 | -78,035 | 188,973 | -7,776 | -4,918 | 12,694 |
| Accruals and Deferred Income | -2,052,713 | 10,148,772 | 5,005,543 | 5,948,606 | 420,325 | -1,771 | 7,013 | 16,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 937,584 | 13,049,635 | 536,243 | 408,870 | ||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -15,239 | 0 | -39,702 | -8,018 | 37,954 | 25,005 |
| share issue | ||||||||
| interest | 8,327 | 0 | 0 | -7 | 0 | 0 | ||
| cash flow from financing | 8,327 | 0 | -15,239 | -7 | -39,702 | -8,018 | ||
| cash and cash equivalents | ||||||||
| cash | -10,646,487 | 6,075,917 | 5,783,615 | 213,620 | 369,168 | -3,253 | 25,182 | 40,074 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -10,646,487 | 6,075,917 | 5,783,615 | 213,620 | 369,168 | -3,253 | 25,182 | 40,074 |
glass futures ltd Credit Report and Business Information
Glass Futures Ltd Competitor Analysis
Perform a competitor analysis for glass futures ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in S35 area or any other competitors across 12 key performance metrics.
glass futures ltd Ownership
GLASS FUTURES LTD group structure
Glass Futures Ltd has no subsidiary companies.
Ultimate parent company
GLASS FUTURES LTD
10002698
glass futures ltd directors
Glass Futures Ltd currently has 8 directors. The longest serving directors include Mr Richard Katz (Feb 2016) and Mr Ludovic Valette (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Katz | 78 years | Feb 2016 | - | Director | |
| Mr Ludovic Valette | United Kingdom | 52 years | Dec 2019 | - | Director |
| Mr Adrian Curry | England | 53 years | Dec 2019 | - | Director |
| Mr David Dalton | United Kingdom | 63 years | Sep 2021 | - | Director |
| Professor Anthony Hollander | United Kingdom | 61 years | Feb 2023 | - | Director |
| Mr Sean Murphy | United Kingdom | 52 years | Dec 2023 | - | Director |
| Mr Michael Houghton | United Kingdom | 56 years | Jun 2024 | - | Director |
| Mr Jose Ivorra | United Kingdom | 51 years | Aug 2024 | - | Director |
P&L
February 2024turnover
7.2m
+98%
operating profit
205.8k
-57%
gross margin
64.8%
+12.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
2.3m
+0.24%
total assets
26.2m
+0.08%
cash
1.9m
-0.85%
net assets
Total assets minus all liabilities
glass futures ltd company details
company number
10002698
Type
Private Ltd By Guarantee w/o Share Cap
industry
72190 - Other research and experimental development on natural sciences and engineering
23130 - Manufacture of hollow glass
94990 - Activities of other membership organisations n.e.c.
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
BHP LLP
address
british glass headquarters build, 9 churchill way, sheffield, S35 2PY
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
SHOOSMITHS LLP
glass futures ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to glass futures ltd.
glass futures ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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glass futures ltd Companies House Filings - See Documents
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