Master Auto Glass Limited
01805895
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 8 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 05/05/2026
Due 19/05/2027
Industry
Officers
director · Since 08/10/1997
OPERATIONS DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 2 other boards
Persons with Significant Control
Mag Holdco Limited
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
HSBC UK BANK PLC
HSBC EQUIPMENT FINANCE (UK) LIMITED · HSBC ASSET FINANCE (UK) LIMITED
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 349+ SIC 45310 peers66
Show leaderboard
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 director with respect to going con
Key FinancialsYear ending 31/12/2024
Turnover
£30.6M
Annual revenue
Net Worth
£6.6M
Balance sheet strength
Cash
£55k
Cash in the bank
Profit Before Tax
£3.6M
Bottom line earnings
Net Current Assets
£5.6M
Working capital
Current Assets
£13.8M
Current Liabilities
£8.1M
Fixed Assets
£1.7M
Debtors
£4.1M
Cost of Sales
£15.5M
Gross Profit
£15.1M
Admin Expenses
£11.4M
Operating Profit
£3.7M
Profit After Tax
£2.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.70 |
Derived from filed accounts. Not audited figures.