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Glorious Spa (Worthing) Ltd

08999530

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE BUNGALOW THE BUNGALOW, CHICHESTER, PO20 1EG
Incorporated 16/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Ms Stephanie Louise Ridge

director · Since 16/04/2014

SPA CONSULTANT

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Ms Claire Connolly

director · Since 15/10/2015

ADMINISTRATOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Ms Stephanie Ridge

50–75% shares
50–75% votes
Appoint directors

British · England · Age 61

The Bungalow, The Bungalow, Chichester, PO20 1EG

Notified 01/02/2017

Ms Claire Connolly

50–75% shares
50–75% votes
Appoint directors

British · England · Age 53

The Bungalow, The Bungalow, Chichester, PO20 1EG

Notified 01/02/2017

CompanyRankvs 25830+ SIC 96020 peers
44

Financial strength3th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£48k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£13k

Current Liabilities

£47k

Fixed Assets

£8k

7avg. employees+14
Prepared with v2025.83.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27-£4k
20240.44-£84k
20230.65-£6k
20220.73-£4k
20211.31-£356
20200.13-£2k
20190.16+£44
20180.14

Derived from filed accounts. Not audited figures.