Glas Limited
03624766
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Nazar Sayigh
British · England · Age 56
Lewis House, Great Chesterford Court, Great Chesterford, CB10 1PF
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 7144+ SIC 71111 peers46
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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 30/09/2024
Net Worth
-£11k
Balance sheet strength
Cash
£3
Cash in the bank
Net Current Assets
£16k
Working capital
Current Assets
£176k
Current Liabilities
£160k
Fixed Assets
£2k
Debtors
£152k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.10 | — |
| 2023 | 1.26 | — |
| 2022 | 1.28 | — |
| 2021 | 1.40 | — |
| 2020 | 1.52 | -£2k |
| 2019 | 1.07 | — |
| 2018 | 1.02 | — |
Derived from filed accounts. Not audited figures.