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Crystal Units Limited

02980076

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

100 WEST HENDON BROADWAY, LONDON, NW9 7AA
Incorporated 18/10/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

23120
Shaping and processing of flat glass
32990
Other manufacturing

Officers

Mr Pankaj Gorsia

director · Since 11/08/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Vijay Halai

director · Since 29/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

Mr Pankaj Gorsia

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

British · United Kingdom · Age 52

100, West Hendon Broadway, London, NW9 7AA

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 08/10/2024Registered 09/10/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 30/08/2018Registered 03/09/2018
charge
outstanding

BARCLAYS BANK PLC

Created 15/10/2003Registered 22/10/2003

CompanyRankvs 29+ SIC 23120 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.49× · 12/20
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 strength24/25 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.

Liquidity12/20 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 directors with respect to

Key FinancialsYear ending 31/10/2024

Turnover

£19.2M

Annual revenue

Net Worth

£4.8M

Balance sheet strength

Cash

£787k

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£2.0M

Working capital

Current Assets

£6.1M

Current Liabilities

£4.1M

Fixed Assets

£4.1M

Debtors

£297k

Cost of Sales

£11.9M

Gross Profit

£7.3M

Admin Expenses

£6.2M

Operating Profit

£1.2M

Profit After Tax

£1.4M

139avg. employees+16

Tax at Year End

Corp tax£160k

People Costs

Wages & salaries£5.1M
NI contributions£538k

Balance Sheet

Bank loans & overdrafts£1.0M
Assets less current liabilities£6.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.49-£2.0M
20231.87+£1.2M
20221.81+£1.4M
20211.47

Derived from filed accounts. Not audited figures.