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Company No. SC107294 · Incorporated 27 Oct 1987

Independent Glass Company Limited

Registered name: INDEPENDENT GLASS COMPANY LIMITED

Part of Ig Glass Group Limited group

Independent 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”

Latest accounts · year to 30 Sep 2025

Key figures

Revenue
£23.3m
Growth ▼3.8%
Profit
£26k
Growth ▼95.9%
Profit margin
0.1%
Gross 27%
Employees
214
Change ▼1.8%
Profit / employee
£122
Revenue/employee £109k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202330 Sep 202430 Sep 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull 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)219218214
Ratios
Profit margin5.1%2.6%0.1%
Gross margin30.6%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
SourceFullAccounts · bulk data May 2025FullAccounts · bulk data May 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

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.
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
▲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.

Corporate ownership

Group structure

Ownership chain

  1. Ig Glass Group Limitedultimate parent75–100%
  2. Independent Glass Company Limitedthis company

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

Subsidiaries (2)

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.