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Glopack Limited

10169011

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
60 / 100

Some Concerns

30/30
Filing
10/30
Financial
20/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

ALPHA HOUSE, 176A HIGH STREET BARNET ALPHA HOUSE, 176A, BARNET, EN5 5SZ
Incorporated 09/05/2016

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 21/01/2025

Due 04/02/2026

Overdue

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Huseyin Ungan

director · Since 09/05/2016

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Huseyin Ungan

75–100% shares
75–100% votes

British · England · Age 43

20, Simpson Close, London, N21 1SR

Notified 09/05/2016

Insolvency History1 case

creditors voluntary liquidation09/06/2026

Nicola Joanne Meadows (practitioner) · Mark Rodney Newton (practitioner)

CompanyRankvs 7753+ SIC 47910 peers
61

Financial strength91th percentile among SIC peers · 23/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.12× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity20/20 pts

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

Longevity10/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£41k

Balance sheet strength

Cash

-£5k

Cash in the bank

Net Current Assets

£152k

Working capital

Current Assets

£223k

Current Liabilities

£72k

Debtors

£228k

0avg. employees-1

Tax at Year End

VAT£36k

Balance Sheet

Bank loans & overdrafts£111k
Assets less current liabilities£152k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.12-£21k£720k
20249.55+£35k—
20233.19——

Derived from filed accounts. Not audited figures.