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Tuff X Processed Glass Limited

05997979

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

NEXUS HOUSE RANDLES ROAD, PRESCOT, L34 9HX
Incorporated 14/11/2006

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/11/2025

Due 25/11/2026

On track

Industry

23120
Shaping and processing of flat glass
23190
Manufacture and processing of other glass

Officers

Mrs Carol Duffy

secretary · Since 26/02/2007

CERTIFIED ACCOUNTANT

BRITISH · AUSTRALIA · Age 52

Also on 5 other boards

Mr John Tierney

director · Since 02/04/2007

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mrs Carol Duffy

director · Since 14/07/2009

FINANCIAL DIRECTOR

BRITISH · AUSTRALIA · Age 52

Also on 5 other boards

Mr Paul Ian Higgins

director · Since 20/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Gary Francis Hughes

director · Since 20/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Russell Hunt

director · Since 21/04/2022

CFO

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Persons with Significant Control

Gjc Holdings

75–100% shares

Nexus House, Randles Road, Prescot, L34 9HX

Reg: 10707791 · Registrar Of Companies · Company Limited By Shares

Notified 16/06/2017

Former PSCs

Mr Graham Price

Ceased 16/06/2017

Mr John Tierney

Ceased 16/06/2017

Charges3 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 20/12/2021Registered 23/12/2021
Charge
outstanding

ALCUIN GP LIMITED AS THE SECURITY AGENT

Created 20/12/2021Registered 21/12/2021
Charge
satisfied

HSBC BANK PLC

Created 07/09/2017Registered 12/09/2017Satisfied 11/08/2022
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 04/07/2017Registered 04/07/2017Satisfied 11/08/2022
Charge
outstanding

HSBC BANK PLC

Created 16/06/2017Registered 21/06/2017
charge
satisfied

STATE SECURITIES PLC

Created 22/11/2011Registered 05/12/2011Satisfied 08/03/2016
charge
satisfied

STATE SECURITIES PLC

Created 22/11/2011Registered 24/11/2011Satisfied 08/03/2016
charge
satisfied

THE NORTH WEST FUND FOR BUSINESS LOANS LP

Created 28/01/2011Registered 04/02/2011Satisfied 03/10/2013
charge
satisfied

LLOYDS TSB BANK PLC

Created 25/11/2010Registered 27/11/2010Satisfied 20/06/2017
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 06/03/2009Registered 10/03/2009Satisfied 20/06/2017
charge
satisfied

TARIQ SULTAN GHANI,ABEDA RASHID GHANI AND MOORES WILLIAM TRUSTEES LIMITED

Created 23/04/2007Registered 02/05/2007Satisfied 22/08/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 16/04/2007Registered 20/04/2007Satisfied 02/03/2016

CompanyRankvs 15+ SIC 23120 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.42× · 20/20
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 strength25/25 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.

Liquidity20/20 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

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

Key FinancialsYear ending 31/12/2024

Turnover

£23.4M

Annual revenue

Net Worth

£8.4M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£7.1M

Working capital

Current Assets

£10.0M

Current Liabilities

£2.9M

Fixed Assets

£1.9M

Debtors

£8.7M

Cost of Sales

£16.9M

Gross Profit

£6.5M

Admin Expenses

£4.7M

Operating Profit

£1.8M

Profit After Tax

£1.4M

233avg. employees

Tax at Year End

Corp tax£26k
Dividends paid-£1.0M

People Costs

Wages & salaries£6.7M
NI contributions£603k

Balance Sheet

Assets less current liabilities£9.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20243.42

Derived from filed accounts. Not audited figures.