Edwards' Glass Company,Limited
00300013
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 26/05/2025
Due 09/06/2026
Industry
Officers
director · Since 06/08/2019
EMPLOYEE AT EUROPEAN PATENT OFFICE MUNIC
BELGIAN · GERMANY · Age 48
Persons with Significant Control
David Hugh John Bain
Belgian · Germany · Age 48
21, Benediktenwandstrasse, 81545
Notified 18/04/2019
Former PSCs
Hugh John Archibald Bain
Ceased 10/03/2023
John Francis Bain
Ceased 18/04/2019
Eugenia Bain
Ceased 18/04/2019
CompanyRankvs 2455+ SIC 68201 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. At the balance sheet date, the company's current liabilities exceeded its current assets. The company has however received assurances from the directors that they will continue to give f
Key FinancialsYear ending 31/12/2024
Net Worth
£28k
Balance sheet strength
Cash
£25k
Cash in the bank
Net Current Assets
-£763k
Working capital
Current Assets
£25k
Current Liabilities
£788k
Fixed Assets
£861k
Debtors
£595
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.03 | -£20k |
| 2023 | 0.02 | -£13k |
| 2022 | 0.03 | -£20k |
| 2021 | 0.10 | — |
Derived from filed accounts. Not audited figures.