INDEPENDENT GLASS COMPANY LIMITED
Get an alert when INDEPENDENT GLASS COMPANY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£6M
-18.6% lowest in 3 filed years
Net assets
£11M
+4% highest in 3 filed years
Employees
214
-1.8% lowest in 3 filed years
Profit before tax
-£185K
-144.8% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £28,307,743 | £24,238,225 | £23,308,699 | -3.8% | |
| Operating profit | £1,679,493 | £383,747 | -£220,199 | -157.4% | |
| Profit before tax | £1,627,027 | £412,008 | -£184,543 | -144.8% | |
| Net profit | £1,454,879 | £628,502 | £26,025 | -95.9% | |
| Cash | £7,129,479 | £7,369,045 | £5,998,185 | -18.6% | |
| Total assets less current liabilities | £10,220,720 | £10,750,065 | £11,248,498 | +4.6% | |
| Net assets | £9,662,782 | £10,242,324 | £10,651,101 | +4% | |
| Equity | £9,662,782 | £10,242,324 | £10,651,101 | +4% | |
| Average employees | 219 | 218 | 214 | -1.8% | |
| Wages | £7,299,791 | £7,447,922 | £7,524,627 | +1% | |
| Directors' remuneration | £1,106,753 | £630,707 | £590,263 | -6.4% |
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 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | 5.9% | 1.6% | -0.9% | |
| Net margin | 5.1% | 2.6% | 0.1% | |
| Return on capital employed | 16.4% | 3.6% | -2.0% | |
| Current ratio | 1.61x | 1.78x | 1.75x | |
| Interest cover | 18.11x | 24.52x | — |
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 1 time since incorporation
- INDEPENDENT GLASS COMPANY LIMITED 1987-11-11 → present
- VICTOROAK LIMITED 1987-10-27 → 1987-11-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a consequence of the review exercise, the directors believe the company is well placed to manage its business risks successfully and that the company has adequate resources to meet its liabilities as they fall due for the foreseeable future. Accordingly they continue to adopt the going concern basis in preparing the accounts.”
Group structure
- INDEPENDENT GLASS COMPANY LIMITED · parent
- IGHW Limited 100%
Significant events
- “On 3 October 2025, the company acquired 100% of the share capital of Strathclyde Holdings Limited for total consideration of £1.75m. The consideration comprises an upfront payment of £500,000, payable on completion, and five deferred instalments of £250,000 each. The acquisition has been undertaken to secure supply chain and expand and diversify product offering.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HANDLEY, Kevin Christopher | Secretary | 2025-10-01 | — | — |
| DEVINE, James Love | Director | 2007-01-08 | Jul 1976 | British |
| DEVINE, John | Director | — | Oct 1947 | British |
| DEVINE (JNR), John | Director | 2004-04-06 | Dec 1973 | British |
| HANDLEY, Kevin Christopher | Director | 2024-06-01 | Nov 1984 | British |
| HARAN, John Fraser | Director | 2001-11-09 | Aug 1964 | British |
| MORTIMER, Audrey | Director | 2015-04-06 | Dec 1970 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FINLAYSON, Ian Kerr | Secretary | — | 2015-03-31 |
| HEGGIE, Robert James | Secretary | 2015-05-01 | 2025-09-30 |
| BALDWIN, Geoffrey Paul | Director | — | 1996-03-01 |
| DONSON, Mark John | Director | 2007-12-17 | 2014-03-31 |
| FINLAYSON, Ian Kerr | Director | — | 2007-06-28 |
| HARAN, John William | Director | — | 2023-11-16 |
| HARAN, Lindsay Elizabeth Mary | Director | 1995-10-11 | 2024-05-31 |
| HARAN, Sarah | Director | — | 2025-12-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ig Glass Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 137 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-24 | AA | accounts | Accounts with accounts type full | |
| 2026-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-10-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-27 | AA | accounts | Accounts with accounts type full | |
| 2024-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-06 | AA | accounts | Accounts with accounts type full | |
| 2024-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-20 | CH01 | officers | Change person director company with change date | |
| 2023-10-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-05 | AA | accounts | Accounts with accounts type full | |
| 2022-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-20 | AA | accounts | Accounts with accounts type full | |
| 2021-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-25 | AA | accounts | Accounts with accounts type full | |
| 2020-12-15 | AA01 | accounts | Change account reference date company previous extended |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.