Glowarm Contractors Ltd
08429947
Some Concerns
- Negative net worth (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 04/10/2023
Due 18/10/2024
Industry
Officers
Persons with Significant Control
Mr Faisal Reman
British · England · Age 44
Suite 201, Unit 16, Titan Court, Laporte Way, Luton, LU4 8EF
Notified 06/04/2016
CompanyRankvs 37547+ SIC 43210 peers30
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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 31/03/2025
Net Worth
-£18k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
—
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | -£125 |
| 2024 | — | -£75 |
| 2023 | 2.02 | -£5k |
| 2022 | 3.53 | -£5k |
| 2021 | 17.02 | — |
| 2020 | 0.75 | — |
| 2019 | 0.72 | — |
| 2018 | 0.89 | — |
Derived from filed accounts. Not audited figures.