Back to search

Glass Innovators Limited

05060186

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

87 PARKER DRIVE, LE4 0JP
Incorporated 02/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22230
Manufacture of builders' ware of plastic

Officers

Mr Sunil Jayantilal Patel

secretary · Since 03/05/2005

SALES MANAGER

BRITISH · ENGLAND · Age 56

Also on 13 other boards

Mr Atul Jayantilal Patel

director · Since 03/05/2005

PRODUCTION MANAGER

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Sunil Jayantilal Patel

director · Since 03/05/2005

SALES MANAGER

BRITISH · ENGLAND · Age 56

Also on 13 other boards

Charges0 outstanding

charge
satisfied

STATE SECURITIES PLC

Created 30/06/2005Registered 07/07/2005Satisfied 08/02/2014

CompanyRankvs 74+ SIC 22230 peers
70

Financial strength86th percentile among SIC peers · 22/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 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.

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

£1.9M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£255k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.7M

Fixed Assets

£2.4M

Debtors

£200k

2avg. employees

Balance Sheet

Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15+£322k
20230.76+£504k
20220.41+£180k
20210.34-£255k
20200.31+£199k
20190.10+£305k
20180.11

Derived from filed accounts. Not audited figures.