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Glaast Ltd

10671160

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

26/28 GOODALL STREET, WALSALL, WS1 1QL
Incorporated 15/03/2017

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 14/03/2024

Due 28/03/2025

Overdue

Industry

23190
Manufacture and processing of other glass

Officers

Mr Jake Astley

director · Since 15/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Mr Neil Philip Astley

director · Since 15/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Mr Matthew Ivan Paul Morris

director · Since 15/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Neil Philip Astley

25–50% shares
25–50% votes

British · England · Age 65

Redhouse Industrial Estate, Middlemore Lane West, Walsall, WS9 8EA

Notified 15/03/2017

Insolvency History1 case

creditors voluntary liquidation16/07/2024

Timothy Frank Corfield (practitioner)

CompanyRankvs 15+ SIC 23190 peers
17

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.26× · 2/20
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 strength0/25 pts

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

Employees0/15 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.

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 31/03/2023

Net Worth

-£608k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£676k

Working capital

Current Assets

£234k

Current Liabilities

£910k

Fixed Assets

£85k

Debtors

£133k

4avg. employees

Tax at Year End

VAT£2k

Director Loans

Company owes directors£50k

Balance Sheet

Assets less current liabilities-£591k
Signed by Mr Matthew Morris 06/10/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20230.26£34k

Derived from filed accounts. Not audited figures.