Newglaze Limited
03000215
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Benjamin John Newman
British · United Kingdom · Age 46
Units 1 & 2, Moss Road Industrial Estate, Grimsby, DN32 0LW
Notified 30/11/2016
Former PSCs
Mrs Kay Newman
Ceased 30/11/2016
Mr Stephen John Newman
Ceased 30/11/2016
Mr Jonathan Alexander
Ceased 04/04/2025
Charges1 outstanding
HSBC UK BANK PLC
MIDLAND BANK PLC,
CompanyRankvs 28461+ SIC 43999 peers36
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
-£262k
Balance sheet strength
Cash
£57
Cash in the bank
Net Current Assets
-£278k
Working capital
Current Assets
£228k
Current Liabilities
£506k
Fixed Assets
£20k
Debtors
£196k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.45 | -£303k |
| 2024 | 1.10 | -£10k |
| 2023 | 1.12 | +£30k |
| 2022 | 1.12 | -£52k |
| 2021 | 1.29 | -£23k |
| 2020 | 1.65 | +£18k |
| 2019 | 1.09 | +£18k |
| 2018 | 1.04 | +£46k |
| 2017 | 0.93 | — |
Derived from filed accounts. Not audited figures.