BAY WINDOW CO LTD

Executive Summary

BAY WINDOW CO LTD operates as a micro-entity within the glazing sector, exhibiting typical small-scale characteristics but currently holding a fragile financial position with negative net assets. While the company shows some improvement year-on-year, it remains exposed to industry trends such as rising material costs and competitive pressures from larger firms. Its niche status and local focus provide flexibility, but to enhance competitive standing, it will need to address liquidity constraints and align with evolving market demands for energy-efficient glazing solutions.

BAY WINDOW CO LTD - Analysis Report

Company Number: 14204371

Analysis Date: 2025-07-20 17:20 UTC

1. Industry Classification
   BAY WINDOW CO LTD operates within SIC Code 43342, classified under "Glazing." This sector primarily involves the installation, repair, and maintenance of glass products such as windows, doors, and related glazing components in buildings. The glazing industry is typically part of the broader construction and building materials sector, characterized by a mix of small specialist firms and larger contractors. The sector is labor-intensive and sensitive to construction market fluctuations and regulatory standards related to building energy efficiency and safety.

2. Relative Performance
   As a micro-entity, BAY WINDOW CO LTD's financials show a small-scale operation with limited fixed assets (£3,580 in 2024) and current assets of £78,165. However, the company carries current liabilities of £89,330, resulting in negative net current assets (-£5,531) and net liabilities (-£1,951) as of June 2024. Compared with typical industry benchmarks, glazing firms—especially small and micro businesses—often carry tight working capital but ideally aim for positive net assets for sustainability. The company’s improvement from a net liability of -£6,761 in 2023 to -£1,951 in 2024 indicates some progress but still reflects a fragile financial position relative to standard industry expectations for liquidity and equity.

3. Sector Trends Impact
   The glazing sector is currently influenced by several key trends:

• Increased demand for energy-efficient and insulated glazing products driven by stricter building regulations and sustainability goals.
• Supply chain pressures and rising raw material costs (glass, sealants, metal frames) impacting margins for smaller players.
• Growing competition from both local specialist installers and larger multi-service construction firms expanding glazing offerings.
• Increased adoption of smart glass technologies and digital fabrication methods, requiring investment in technical capabilities.

For BAY WINDOW CO LTD, these trends imply a need to invest in product differentiation and maintain strong supplier relationships to mitigate input cost volatility. Their small scale may limit their ability to adopt advanced technologies or absorb cost increases, posing risks but also opportunities if they focus on niche or high-value segments.

4. Competitive Positioning
   BAY WINDOW CO LTD appears to be a niche micro-business within the glazing industry, with only two employees and modest capital. The company is not a market leader but rather a small specialist likely serving local or bespoke projects. Strengths include flexibility, potentially closer customer relationships, and focused expertise. Weaknesses include limited financial resources (negative net assets), reliance on director advances, and vulnerability to cash flow pressures. Compared to typical competitors in the glazing sector—many of whom operate as small or medium enterprises with stronger balance sheets—BAY WINDOW CO LTD faces challenges in scaling operations or competing on price/technology. However, as a private limited company with active management, it retains the agility to adapt quickly if it can strengthen its financial position and carve out a niche based on quality or service.