Union Glory Limited
06579943
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 29/04/2025
Due 13/05/2026
Industry
Officers
Bhupendra Shatilal Kansagra
secretary · Since 29/04/2008
Other
Laurent Elie Cadji
director · Since 29/04/2008
British
Lewis Levy Cadji
director · Since 29/04/2008
British
Matthew Brooks Enston
director · Since 04/04/2024
British
Bhupendra Shantilal Kansagra
director · Since 29/04/2008
British
Ramesh Shantilal Kansagra
director · Since 29/04/2008
British
Michael Kotsapas
director · Since 04/04/2024
British
CompanyRankvs 8510+ SIC 50200 peers54
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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.
Risk deductions
Going concern doubt: -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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.89 |
Derived from filed accounts. Not audited figures.