Glazerite (East) Ltd
01670837
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/10/2017
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 7 other boards
director · Since 09/07/2021
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 7 other boards
director · Since 09/07/2021
DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 7 other boards
director · Since 09/07/2021
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 7 other boards
director · Since 09/07/2021
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 7 other boards
Persons with Significant Control
Trade Frames Holdings Limited
2 John Wesley Road, Werrington, Peterborough, PE4 6ZL
Reg: 05845348 · Uk Register Of Companies · Company
Notified 06/04/2016
Charges3 outstanding
PRAETURA COMMERCIAL FINANCE LIMITED
JOHN HEWITT ACTING AS SECURITY TRUSTEE ON BEHALF OF THE LENDERS
SHAWBROOK BANK LIMITED
NATIONAL WESTMINSTER BANK PLC
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 56+ SIC 22230 peers55
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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 31/12/2024
Turnover
£6.7M
Annual revenue
Net Worth
£528k
Balance sheet strength
Cash
£14k
Cash in the bank
Profit Before Tax
-£243k
Bottom line earnings
Net Current Assets
£312k
Working capital
Current Assets
£1.6M
Current Liabilities
£1.3M
Fixed Assets
£791k
Debtors
£1.2M
Cost of Sales
£4.9M
Gross Profit
£1.8M
Admin Expenses
£2.0M
Operating Profit
-£182k
Profit After Tax
-£295k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.24 | -£295k | — |
| 2023 | 1.51 | -£1.7M | — |
| 2022 | 3.72 | +£577k | £2.0M |
| 2021 | 2.78 | +£496k | £3.1M |
| 2020 | 3.25 | +£387k | — |
| 2019 | 2.67 | +£274k | — |
| 2018 | 2.07 | — | — |
Derived from filed accounts. Not audited figures.