How much does Glassworks International Limited make?

Glassworks International Limited reported revenue of £10.1m and £486k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Glassworks International Limited have?

Glassworks International Limited reported an average of 12 employees in the year to 31 Dec 2025.

Is Glassworks International Limited profitable?

Yes — Glassworks International Limited reported a profit of £486k in the year to 31 Dec 2025.

Company No. 05128445 · Incorporated 14 May 2004

Glassworks International Limited

Registered name: GLASSWORKS INTERNATIONAL LIMITED

Part of Gwi Investments Limited group

Glassworks International Limited made £10.1m revenue and £486k profit in the year to 31 Dec 2025.

Glassworks International Limited’s revenue was £10.1m in the year to 31 Dec 2025, with £486k profit and 12 employees. The company is classified under “non-specialised wholesale trade” and is based in Cambridge; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Cambridge, East of England
Age: 22 yrs · since 2004
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£10.1m

Growth ▼0.1%

Profit

£486k

Growth ▼16.5%

Profit margin

4.8%

Gross 22.9%

Employees

Change 0%

Profit / employee

£40.5k

Revenue/employee £845k

Profitable streak

4yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.3m	£14.9m	£10.1m	£10.1m
Cost of sales	£9.3m	£12.1m	£7.8m	£7.8m
Gross profit	£2m	£2.8m	£2.3m	£2.3m
Operating profit	£566k	£1.4m	£845k	£678k
Profit before tax	£534k	£1.3m	£806k	£652k
Profit after tax	£458k	£1m	£583k	£486k
Profit (best available)	£458k	£1m	£583k	£486k
Staff costs	£508k	£528k	£555k	£522k
Employees (average)	12	13	12	12
Ratios
Profit margin	4.1%	7%	5.8%	4.8%
Gross margin	17.8%	18.6%	23%	22.9%
Revenue per employee	£940k	£1.1m	£845k	£845k
Profit per employee	£38.2k	£80.2k	£48.6k	£40.5k
Cash conversion	−154.9%	−93.2%	−98.9%	—
Growth (year on year)
Revenue growth	—	▲32.1%	▼31.9%	▼0.1%
Profit growth	—	▲127.7%	▼44.1%	▼16.5%
Headcount growth	—	▲8.3%	▼7.7%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.2k	£4.3k	£15.9k	£37.5k
Net assets	£1m	£1.3m	£1.4m	£1.6m
Fixed assets	£247k	£421k	£316k	£304k
Current assets	£8m	£6.2m	£5.8m	£6.8m
Debtors	£2.6m	£2.4m	£1.6m	£2m
Deferred income	£461k	£153k	£207k	—
Cash from operations	−£876k	−£1.3m	−£835k	—
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 4.8%; Profit ÷ revenue.
Gross margin: 22.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £845k; Revenue ÷ average employees.
Profit per employee: £40.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.3%; 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: ▲15%; Now £1.6m
Cash at bank: ▲136%; Now £37.5k
Headcount: 0%; Now 12
Deferred income: —; Now —
Fixed assets: ▼4%; Now £304k

Corporate ownership

Group structure

Ownership chain

Gwi Investments Limitedultimate parent75–100%
Glassworks International Limitedthis company

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

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 2025 (profit £486k), from the Companies House accounts bulk data published Sep 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.