Back to search

Union Glory Limited

06579943

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

PORTLAND HOUSE 69-71, WEMBLEY, HA9 8BU
Incorporated 29/04/2008

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/04/2026

Due 13/05/2027

On track

Industry

50200
Sea and coastal freight water transport

Officers

Mr Ramesh Shantilal Kansagra

director · Since 29/04/2008

BUSINESSMAN

BRITISH · ENGLAND · Age 75

Also on 158 other boards

Mr Laurent Elie Cadji

director · Since 29/04/2008

BUSINESSMAN

BRITISH · GREECE · Age 48

Also on 123 other boards

Mr Lewis Levy Cadji

director · Since 29/04/2008

BUSINESSMAN

BRITISH · ENGLAND · Age 88

Also on 127 other boards

Mr Bhupendra Shatilal Kansagra

secretary · Since 29/04/2008

OTHER

Also on 7 other boards

Mr Bhupendra Shantilal Kansagra

director · Since 29/04/2008

BUSINESSMAN

BRITISH · ENGLAND · Age 70

Also on 200 other boards

Mr Matthew Brooks Enston

director · Since 04/04/2024

CHIEF OPERATING OFFICER

BRITISH · ENGLAND · Age 48

Also on 124 other boards

Mr Michael Kotsapas

director · Since 04/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 104 other boards

Persons with Significant Control

Union Maritime Limited

75–100% shares

Portland House, 69-71 Wembley Hill Road, Wembley, HA9 8BU

Reg: 5674101 · England And Wales · Limited Company

Notified 06/04/2016

Charges12 outstanding

Charge
outstanding

AENGUS AGENCY LIMITED AS SECURITY AGENT

Created 21/01/2026Registered 27/01/2026
Charge
outstanding

CREDIT SUISSE (UK) LIMITED

Created 24/01/2022Registered 24/01/2022
Charge
satisfied

CREDIT SUISSE (UK) LIMITED

Created 22/12/2021Registered 22/12/2021Satisfied 26/01/2022
Charge
outstanding

MANSEL PTE LTD

Created 20/02/2019Registered 20/02/2019
Charge
outstanding

MANSEL PTE LTD

Created 20/02/2019Registered 20/02/2019
Charge
outstanding

MANSEL PTE. LTD.

Created 15/01/2019Registered 18/01/2019
Charge
outstanding

MANSEL PTE. LTD.

Created 15/01/2019Registered 17/01/2019
Charge
satisfied

MANSEL PTE. LTD.

Created 15/01/2019Registered 17/01/2019
Charge
outstanding

MANSEL PTE. LTD.

Created 17/08/2018Registered 17/08/2018
Charge
outstanding

MANSEL PTE. LTD.

Created 17/08/2018Registered 17/08/2018
Charge
outstanding

MANSEL PTE. LTD.

Created 12/07/2018Registered 16/07/2018
Charge
outstanding

MANSEL PTE. LTD.

Created 12/07/2018Registered 16/07/2018
Charge
outstanding

ZENITH BANK (UK) LIMITED

Created 09/09/2014Registered 12/09/2014
Charge
outstanding

ZENITH BANK (UK) LIMITED

Created 09/09/2014Registered 12/09/2014

CompanyRankvs 702+ SIC 50200 peers
44

Financial strength100th percentile among SIC peers · 25/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees3/15 pts

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

Liquidity6/20 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 31/12/2023

Turnover

£269.7M

Annual revenue

Net Worth

£88.0M

Balance sheet strength

Cash

£9.5M

Cash in the bank

Profit Before Tax

£35.1M

Bottom line earnings

Net Current Assets

-£14.2M

Working capital

Current Assets

£110.9M

Current Liabilities

£125.1M

Fixed Assets

£269.4M

Debtors

£95.5M

Cost of Sales

£169.5M

Gross Profit

£100.2M

Admin Expenses

£774k

Operating Profit

£48.1M

Profit After Tax

£35.1M

0avg. employees

Balance Sheet

Assets less current liabilities£255.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20230.89

Derived from filed accounts. Not audited figures.