O-I GLASS LIMITED
Operating as the UK manufacturing arm of the US-listed multinational O-I Glass, Inc., the company produces glass bottles and packaging containers for the food and beverage industries.
Get an alert when O-I GLASS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£541K
+488% vs 2023
Net assets
£186M
+7.1% vs 2023
Employees
642
-8.3% vs 2023
Profit before tax
£11M
+84.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £208,366,000 | £198,096,000 | -4.9% | |
| Operating profit | £14,742,000 | £13,386,000 | -9.2% | |
| Profit before tax | £5,971,000 | £11,009,000 | +84.4% | |
| Net profit | £3,894,000 | £5,259,000 | +35.1% | |
| Cash | £92,000 | £541,000 | +488% | |
| Total assets less current liabilities | £178,799,000 | £189,887,000 | +6.2% | |
| Net assets | £174,010,000 | £186,396,000 | +7.1% | |
| Equity | £174,010,000 | £186,396,000 | +7.1% | |
| Average employees | 700 | 642 | -8.3% | |
| Wages | £31,081,000 | £31,469,000 | +1.2% | |
| Directors' remuneration | £421,000 | £488,000 | +15.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.1% | 6.8% | |
| Net margin | 1.9% | 2.7% | |
| Return on capital employed | 8.2% | 7.0% | |
| Gearing (liabilities / total assets) | 34.6% | 36.1% | |
| Current ratio | 1.35x | 1.03x | |
| Interest cover | 1.68x | 3.08x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- O-I GLASS LIMITED 2019-01-07 → present
- O-I MANUFACTURING UK LIMITED 2006-04-03 → 2019-01-07
- UNITED GLASS LIMITED 1984-12-02 → 2006-04-03
- ROBSON'S BORDER TRANSPORT LIMITED 1953-12-17 → 1984-12-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period through to 31 December 2026. The company has net current assets at the year end of £3,124,000 (2023: £30,909,000) and is cash generating.”
Significant events
- “Restructuring costs of £6,400,000 were incurred mainly due to a fire on F81 in December 2024, resulting in its permanent mothballing.”
- “On 16 June 2023, the High Court made a significant ruling in Virgin Media Ltd v. NTL Pension Trustees II Ltd (and others). The appeal was dismissed on 25 July 2024.”
- “In December 2024, the UGPP Trustee lawyers undertook a thorough review of all of the Plan's historic deeds regarding pension scheme liabilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOREHAM, Paul Malcolm | Secretary | 2017-04-26 | — | — |
| LAWLESS-MITCHELL, Victoria | Director | 2026-03-30 | Mar 1978 | British |
| O-I EUROPE SARL | Corporate Director | 2007-01-31 | — | — |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATEY, Jonathan | Secretary | 2005-01-01 | 2012-02-01 |
| KIRK, Roger | Secretary | 2000-01-01 | 2005-01-01 |
| LILLEY, Terence Peter | Secretary | 1995-07-01 | 2000-01-01 |
| SILLETTI, Harry Richard | Secretary | — | 1995-06-30 |
| WEDERELL, David | Secretary | 2012-02-01 | 2017-04-18 |
| BACHEY, John | Director | 1997-09-30 | 1998-10-02 |
| BATEY, Jonathan | Director | 2005-01-01 | 2012-02-01 |
| BLYTHE, Thomas | Director | 2008-02-14 | 2009-01-01 |
| BRAMLAGE, Stephen | Director | 2008-02-14 | 2010-08-25 |
| BURGESS, Kathryn Spencer | Director | 2011-04-01 | 2012-10-16 |
| CAIRNS, Brian | Director | 2012-10-16 | 2014-04-30 |
| CASTRILLON, Santiago | Director | 2010-08-25 | 2011-11-22 |
| COAKLEY, Robert Stanley | Director | 1994-06-29 | 1997-09-30 |
| COOLEN, Joep | Director | 2008-02-14 | 2009-12-09 |
| DANIELS, Jack Griffin | Director | — | 1995-03-01 |
| D`ARCY, Christopher Michael George | Director | 1995-03-01 | 1997-09-30 |
| FAULDS, Michael | Director | 2009-12-09 | 2011-03-31 |
| GACHOT, Robert | Director | 2011-11-22 | 2023-05-31 |
| GRIFFIN, John Robert | Director | — | 1994-06-30 |
| GRIFFIN, Malcolm John | Director | 1998-10-02 | 1999-09-30 |
| GRIFFIN, Malcolm John | Director | — | 1994-03-09 |
| HAMMOND, Stephen Christopher | Director | 1994-03-09 | 2007-01-31 |
| HOLDEN, Steve | Director | 2019-01-01 | 2026-02-24 |
| HUNTER, Alan | Director | 2014-04-30 | 2020-12-24 |
| KIRK, Roger | Director | 2000-01-01 | 2007-01-31 |
| LEIMON, Sheena Mairi | Director | 2007-01-31 | 2008-04-30 |
| LEIMON, Sheena Mairi | Director | 2005-01-01 | 2006-04-01 |
| LILLEY, Terence Peter | Director | — | 2000-01-01 |
| PALMER, Eric Ian Hamilton | Director | 1997-09-30 | 2006-04-01 |
| PARKER, Denise | Director | 2009-10-09 | 2019-04-01 |
| PROVAZNIK, Michal | Director | 2023-05-31 | 2026-04-05 |
| RANKINE, Jim | Director | 2009-12-09 | 2026-02-24 |
| SILLETTI, Harry Richard | Director | — | 1995-06-30 |
| SIMPSON, Tracy | Director | 2008-02-14 | 2019-10-21 |
| WEDERELL, David John | Director | 2012-02-01 | 2017-04-18 |
| WHITESIDE, Derek Hodgson | Director | — | 1995-10-31 |
| WILLIAMS, Tom | Director | 2008-02-14 | 2017-04-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| O-I Glass, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-30 | Active |
Filing timeline
Last 20 of 270 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-12 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-13 | AA | accounts | Accounts with accounts type full | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full | |
| 2023-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-10-01 | AA | accounts | Accounts with accounts type full | |
| 2021-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-04 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.