Padiham Glass Limited
01520736
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/05/2018
MANAGEMENT ACCOUNTANT
BRITISH · ENGLAND · Age 60
Also on 19 other boards
director · Since 03/05/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 14 other boards
Persons with Significant Control
Padiham Glass Holdings Ltd
Unit 10a, Mead Way, Burnley, BB12 7NG
Notified 06/04/2016
Charges5 outstanding
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CompanyRankvs 184+ SIC 23120 peers31
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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
Outstanding charges: -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 going co
Key FinancialsYear ending 30/04/2025
Turnover
£10.1M
Annual revenue
Net Worth
-£86k
Balance sheet strength
Cash
£51k
Cash in the bank
Profit Before Tax
£484k
Bottom line earnings
Net Current Assets
-£616k
Working capital
Current Assets
£1.1M
Current Liabilities
£1.7M
Fixed Assets
£2.0M
Debtors
£710k
Cost of Sales
£7.3M
Gross Profit
£2.7M
Admin Expenses
£1.8M
Operating Profit
£484k
Profit After Tax
£411k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.64 | +£0 |
| 2025 | 0.64 | +£411k |
| 2024 | 0.48 | +£317k |
| 2021 | 0.37 | — |
Derived from filed accounts. Not audited figures.