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Glassex Limited

01549111

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 1 IO CENTRE, WALTHAM ABBEY, EN9 1AS
Incorporated 06/03/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46130
Agents involved in the sale of timber and building materials

Officers

Mr Adrian Matthew Gibbons

director · Since 30/05/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr James Lee Arthur

director · Since 20/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 35

Mr Ryan Daniel Gibbons

secretary · Since 06/08/2019

Mr David Lewis

director · Since 10/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Glassex Group Limited

75–100% shares
75–100% votes
Appoint directors

Unit 1 Io Centre, Lea Road, Waltham Abbey, EN9 1AS

Reg: 14933790 · Companies House · Private Limited Company

Notified 10/10/2023

Former PSCs

Glassex Holdings Limited

Ceased 10/10/2023

Glassex Investments Limited

Ceased 10/10/2023

Charges1 outstanding

charge
outstanding

BANK OF IRELAND BUSINESS FINANCE LIMITED

Created 12/09/2007Registered 21/09/2007
charge
satisfied

MIDLAND BANK PLC

Created 05/09/1990Registered 19/09/1990Satisfied 03/02/1999
charge
satisfied

MIDLAND BANK PLC

Created 20/08/1990Registered 24/08/1990Satisfied 12/09/2007
charge
satisfied

MIDLAND BANK TRUST COMPANY LIMITED

Created 03/08/1981Registered 11/08/1981

CompanyRankvs 63+ SIC 46130 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.72× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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63Glassex Limited
88
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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£3.6M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£3.1M

Working capital

Current Assets

£4.2M

Current Liabilities

£1.1M

Fixed Assets

£871k

Debtors

£1.4M

26avg. employees+6

Tax at Year End

Corp tax£103k

Balance Sheet

Assets less current liabilities£3.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20243.72+£597k
20232.32+£528k
20222.31+£742k
20212.01+£185k
20202.47+£6k
20193.55—

Derived from filed accounts. Not audited figures.