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Brownhills Glass Company Limited

01498182

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

BEECHAM CLOSE, WALSALL, WS9 8UZ
Incorporated 22/05/1980

Compliance

Last accounts

30/11/2024

full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

23120
Shaping and processing of flat glass
46900
Non-specialised wholesale trade

CompanyRankvs 105+ SIC 23120 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.85× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/11/2024

Net Worth

£4.9M

Balance sheet strength

Cash

£414k

Cash in the bank

Profit Before Tax

-£207k

Bottom line earnings

Net Current Assets

£18.1M

Working capital

Current Assets

£20.4M

Current Liabilities

£2.3M

Fixed Assets

£1.8M

Debtors

£19.6M

Admin Expenses

£3.0M

Profit After Tax

-£160k

54avg. employees

Tax at Year End

Dividends paid£475k

People Costs

Wages & salaries£1.7M

Balance Sheet

Intangible assets£7k
Assets less current liabilities£19.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20248.85

Derived from filed accounts. Not audited figures.