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Wells Glass Limited

01885483

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1231 GREENFORD ROAD, MIDDLESEX, UB6 0HY
Incorporated 12/02/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43342
Glazing

Officers

Mr Matthew Robert Wells

director · Since 12/01/2016

GLAZIER

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Matthew Robert Wells

50–75% shares
ownership-of-shares-50-to-75-percent-as-trust
ownership-of-shares-50-to-75-percent-as-firm
50–75% votes
voting-rights-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 45

1231 Greenford Road, Middlesex, UB6 0HY

Notified 10/09/2020

Former PSCs

Sandra Dawn Wells

Ceased 10/10/2025

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/11/2013Registered 28/11/2013
charge
outstanding

BARCLAYS BANK PLC

Created 14/07/1992Registered 21/07/1992
charge
outstanding

BARCLAYS BANK PLC

Created 16/08/1988Registered 01/09/1988

CompanyRankvs 4024+ SIC 43342 peers
34

Financial strength1th percentile among SIC peers · 0/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4024Wells Glass Limited
44
How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/06/2025

Net Worth

-£165k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£40k

Current Liabilities

£89k

Fixed Assets

£7k

5avg. employees

Balance Sheet

Assets less current liabilities-£42k
Signed by Mr M Wells 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45+£0
20250.45-£57k
20241.16+£47k
20230.42+£63k
20220.10-£24k
20210.10-£79k
20200.25-£7k
20190.47-£104k
20180.76—

Derived from filed accounts. Not audited figures.