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Master Auto Glass Limited

01805895

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

Unit 4 Cumberland Avenue, Park Royal, London, NW10 7QL
Incorporated 04/04/1984

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 05/05/2026

Due 19/05/2027

On track

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Ms Mitra Farsian

secretary · Since 10/05/1991

BRITISH · UNITED KINGDOM · Age 56

Also on 8 other boards

Mr Babak Farsian

director · Since 08/10/1997

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mitra Farsian

secretary

British

Babak Farsian

director · Since 08/10/1997

British · United Kingdom · Age 54

Former

Nader Afsharnejad

director · Resigned 31/07/1998

Sadegh Farsian

director · Resigned 25/09/2023

Persons with Significant Control

Mag Holdco Limited

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

4, Cumberland Avenue, London, NW10 7QL

Reg: 15915383 · England And Wales · Private Company Limited By Shares

Notified 29/10/2024

Former PSCs

Mr Sadegh Farsian

Ceased 11/02/2019

Mr Babak Farsian

Ceased 08/02/2019

Winborn Holdings Limited

Ceased 29/10/2024

Winborn Investments Holdings Limited

Ceased 29/10/2024

Charges8 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 19/02/2024Registered 20/02/2024
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LIMITED · HSBC ASSET FINANCE (UK) LIMITED

Created 26/09/2013Registered 30/09/2013
charge
outstanding

HSBC BANK PLC

Created 13/12/2012Registered 20/12/2012
charge
satisfied

HSBC BANK PLC

Created 16/12/2009Registered 17/12/2009Satisfied 27/02/2026
charge
outstanding

HSBC BANK PLC

Created 15/10/2009Registered 22/10/2009
charge
outstanding

HSBC BANK PLC

Created 15/10/2009Registered 22/10/2009
charge
outstanding

HSBC BANK PLC

Created 15/10/2009Registered 16/10/2009
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 12/10/2009Registered 15/10/2009
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 12/10/2009Registered 15/10/2009
charge
satisfied

BARCLAYS BANK PLC

Created 09/10/1998Registered 19/10/1998Satisfied 05/08/2024
charge
satisfied

BARCLAYS BANK PLC

Created 09/10/1998Registered 19/10/1998Satisfied 05/08/2024

Change History

officer appointedFARSIAN, Mitra
2026-08-14
officer appointedFARSIAN, Babak
2026-08-14
statusactive
2026-08-14

Active

typeltd
2026-08-14

Private Limited Company

address line1Unit 4 Cumberland Avenue
2026-08-14

UNIT 4 CUMBERLAND AVENUE

post townLondon
2026-08-14

LONDON

CompanyRankvs 18+ SIC 45310 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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 director with respect to going concern are de

Key FinancialsYear ending 31/12/2025

Turnover

£30.0M

Annual revenue

Net Worth

£8.4M

Balance sheet strength

Cash

£34k

Cash in the bank

Profit Before Tax

£2.4M

Bottom line earnings

Net Current Assets

£7.5M

Working capital

Current Assets

£13.5M

Current Liabilities

£5.9M

Fixed Assets

£1.6M

Debtors

£4.1M

Cost of Sales

£15.4M

Gross Profit

£14.6M

Admin Expenses

£12.2M

Operating Profit

£2.5M

Profit After Tax

£1.8M

178avg. employees+15

Tax at Year End

Dividends paid-£2.3M

People Costs

Wages & salaries£5.7M
NI contributions£686k

Balance Sheet

Bank loans & overdrafts£1.3M
Assets less current liabilities£9.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.26+£1.8M
20241.70

Derived from filed accounts. Not audited figures.