Back to search

Glassworks W1 Limited

09224183

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

73 CORNHILL, LONDON, EC3V 3QQ
Incorporated 18/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Hector Macleod

director · Since 18/09/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 14 other boards

Persons with Significant Control

Drill Studios Limited

75–100% shares
75–100% votes
Appoint directors

73, Cornhill, London, EC3V 3QQ

Reg: 11593808 · Companies House · Limited By Shares

Notified 01/01/2021

Former PSCs

Cadboll Holdings Limited

Ceased 01/01/2021

Charges1 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 23/09/2021Registered 28/09/2021
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 18/10/2016Registered 18/10/2016Satisfied 30/11/2021

CompanyRankvs 94578+ SIC 82990 peers
41

Financial strength33th percentile among SIC peers · 8/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength8/25 pts

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

Employees10/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£133k

Working capital

Current Assets

£155k

Current Liabilities

£288k

Fixed Assets

£45k

Debtors

£139k

2avg. employees-2

Balance Sheet

Assets less current liabilities-£88k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.54
20230.59
20220.95
20211.04
20201.00

Derived from filed accounts. Not audited figures.