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Glowstar (Uk) Limited

05115591

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1ST FLOOR, 44, LONDON, EC2A 2EA
Incorporated 29/04/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Yat Nam Cheung

director · Since 07/12/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Alex Jun-Ying Cheung

ownership-of-shares-25-to-50-percent-as-firm

British · England · Age 30

1st Floor, 44, Worship Street, London, EC2A 2EA

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

THE BANK OF EAST ASIA LIMITED

Created 02/08/2013Registered 21/08/2013Satisfied 17/11/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/04/2005Registered 21/09/2005Satisfied 26/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/04/2005Registered 23/04/2005Satisfied 26/07/2013

CompanyRankvs 16769+ SIC 56101 peers
44

Financial strength5th percentile among SIC peers · 1/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/08/2025

Net Worth

-£173k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£301k

Working capital

Current Assets

£14k

Current Liabilities

£314k

Fixed Assets

£196k

Debtors

£6k

12avg. employees

Balance Sheet

Assets less current liabilities-£105k
Signed by 05115591 2024-09-01 2025-08-31 05115591 2025-08-31 05115591 core:CurrentFinancialInstruments 2025-08-31 05115591 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£0
20250.04+£8k
20240.16-£101k
20230.72+£178k
20220.04-£50k
20210.11+£10k
20200.07-£21k
20190.01-£80k
20180.07

Derived from filed accounts. Not audited figures.