Glassfusion Manufacturing Limited
05694247
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 01/02/2026
Due 15/02/2027
Industry
Officers
secretary · Since 12/07/2016
Persons with Significant Control
Russell William Gritty
British · United Kingdom · Age 68
24, Mildenhall Place, Haverhill, CB9 0AY
Notified 06/04/2016
Former PSCs
Glassfusion Limited
Ceased 08/12/2020
CompanyRankvs 4212+ SIC 32990 peers73
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£49k
Balance sheet strength
Cash
£24k
Cash in the bank
Net Current Assets
£44k
Working capital
Current Assets
£103k
Current Liabilities
£59k
Fixed Assets
£27k
Debtors
£48k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.76 | -£15k |
| 2024 | 2.05 | -£37k |
| 2023 | 2.94 | -£76k |
| 2022 | 4.66 | +£82k |
| 2021 | 2.62 | +£35k |
| 2020 | 1.83 | +£23k |
| 2019 | 1.43 | — |
Derived from filed accounts. Not audited figures.