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Press Glass Direct Limited

05810958

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

DRUSLYN HOUSE, SWANSEA, SA1 3HJ
Incorporated 09/05/2006

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/05/2025

Due 23/05/2026

On track

Industry

32990
Other manufacturing

Officers

Mr Tomasz Wozowicz

director · Since 09/09/2015

DIRECTOR

POLISH · POLAND · Age 51

Also on 4 other boards

Khaled Mohamed El-Leboudy

director · Since 01/09/2020

MANAGING DIRECTOR GLASS SYSTEMS

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Persons with Significant Control

Press Glass Uk Limited

75–100% shares
75–100% votes
Appoint directors

5, Chancery Lane, London, WC2A 1LG

Reg: 09227719 · United Kingdom · Private Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/09/2016Registered 14/09/2016
charge
satisfied

BARCLAYS BANK PLC

Created 26/10/2012Registered 27/10/2012Satisfied 24/10/2022
charge
satisfied

BARCLAYS BANK PLC

Created 30/06/2011Registered 07/07/2011Satisfied 22/11/2016
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 09/11/2009Registered 13/11/2009Satisfied 18/06/2011
charge
satisfied

BANK OF SCOTLAND PLC

Created 01/04/2008Registered 09/04/2008Satisfied 18/06/2011
charge
satisfied

BANK OF SCOTLAND PLC

Created 31/03/2008Registered 04/04/2008Satisfied 18/06/2011

CompanyRankvs 7375+ SIC 32990 peers
33

Financial strength30th percentile among SIC peers · 8/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength8/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity’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

Key FinancialsYear ending 31/12/2023

Turnover

£17.9M

Annual revenue

Net Worth

£80

Balance sheet strength

Cash

£3.3M

Cash in the bank

Profit Before Tax

£2.2M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

£1.7M

Fixed Assets

£876k

Debtors

£3.5M

Cost of Sales

£13.8M

Gross Profit

£4.1M

Admin Expenses

£815k

Operating Profit

£2.0M

Profit After Tax

£2.0M

145avg. employees

Tax at Year End(2022)

Corp tax£0

People Costs

Wages & salaries£4.3M
NI contributions£389k
Prepared with CCH Software