European Glass Group Limited
03666894
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 12/11/1998
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 75
Also on 12 other boards
director · Since 12/11/1998
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 75
Also on 12 other boards
director · Since 12/11/1998
DIRECTOR
BRITISH · ENGLAND · Age 74
Also on 6 other boards
Persons with Significant Control
Mrs Farzana Jabin Hohal
British · England · Age 75
European House, Abbey Point, Park Royal, NW10 7DD
Notified 20/05/2024
Mr Manjit Singh Johal
British · England · Age 74
European House, Abbey Point, Park Royal, NW10 7DD
Notified 20/05/2024
Former PSCs
Mrs Farzana Johal
Ceased 20/05/2024
Mr Manjit Singh Johal
Ceased 20/05/2024
Charges0 outstanding
BARCLAYS BANK PLC
CompanyRankvs 23777+ SIC 82990 peers66
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent 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 going c
Key FinancialsYear ending 30/04/2024
Turnover
£10.0M
Annual revenue
Net Worth
£42.8M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Profit Before Tax
£164k
Bottom line earnings
Net Current Assets
-£2.3M
Working capital
Current Assets
£7.1M
Current Liabilities
£9.4M
Fixed Assets
£50.5M
Debtors
£5.5M
Cost of Sales
£2.7M
Gross Profit
£7.4M
Admin Expenses
£8.0M
Operating Profit
£243k
Profit After Tax
£0
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.75 | +£15.6M |
| 2023 | 0.81 | +£21k |
| 2022 | 0.96 | +£678k |
| 2021 | 0.87 | +£383k |
| 2020 | 0.65 | +£26.2M |
| 2019 | — | -£25.7M |
| 2018 | 0.60 | — |
Derived from filed accounts. Not audited figures.