Nippon Electric Glass (UK) Ltd in liquidation

ICC Credit one of the UK’s leading credit reference agencies reports that Nippon Electric Glass (UK) Ltd based in Cardiff, has gone into liquidation.

Nippon Electric Glass (UK) Ltd, a maker of glass used for traditional-style television screens, was established in 1994 under the name Danceglobal Ltd and it continued using this name until 1995.It then changed its name to Ocean Technical Glass Ltd, which it traded under until 1997.

Over last 5 years the company’s financial state has been changing year by year. In 2000 Nippon Electric achieved sales of £125m, with a pre-tax profit of £25m. After that, the company’s performance declined steadily. In 2004 the turnover was still high reaching a figure of £94m, however profitability dropped significantly to £2.4m

Read the entire news on the source link below.

600450 Nippon Electric Glass (UK) Ltd in liquidation

See more news about:

Others also read

Potters Industries Inc., an affiliate of PQ Corporation, announced today that, effective February 15, 2007, the price on all Metal Finishing Glass Bead and Ground Glass product shipments will increase up to 3 cents a pound.
Owners of Lincoln Glass in Newport, Dan and Elayne Mason, celebrated their 50th anniversary in the business this year. Dan's parents, John and Grace Mason, established Lincoln Glass in 1956 and oversaw day-to-day operations for 20 years.
Edward A. Shriver Jr., a Pittsburgh architect who works in retail store design, encourages architects and retail owners alike to "think outside the box," light years away from the designs that have dominated American retail architecture in recent decades.
Hoya Corp., Japan's largest optical glass maker, agreed to buy camera maker Pentax Corp. for 90.6 billion yen ($765 million) to add endoscopes and surgical scissors.
Strange specimens of natural glass found in the Egyptian desert are products of a meteorite slamming into Earth between 100,000 and 200,000 years ago, scientists have concluded. reported that Tarnaveni (Romania)-based Gecsat, estimates an approximately 6.4 million-euro turnover for this year, a 16% drop against last year, when the company posted a 7.6 million-euro turnover.

Add new comment