Glotex Ltd
11672725
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
30/11/2024
micro entity
Next accounts due
31/08/2026
Confirmation statement
Last: 04/06/2025
Due 18/06/2026
Industry
Officers
director · Since 08/11/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 5 other boards
Persons with Significant Control
Mr Arif Saeed
British · United Kingdom · Age 51
651, Mauldeth Road West, Manchester, M21 7SA
Notified 18/11/2019
Former PSCs
Mr Muhammad Haleem Talib
Ceased 08/11/2019
Mr Arif Saeed
Ceased 08/11/2019
CompanyRankvs 63855+ SIC 47910 peers36
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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 30/11/2024
Net Worth
-£12k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£28k
Working capital
Current Assets
£2k
Current Liabilities
-£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.08 | -£3k |
| 2023 | 0.14 | -£4k |
| 2022 | 0.11 | -£7k |
| 2021 | 0.00 | -£1k |
| 2020 | 14.32 | +£1k |
| 2019 | 13.12 | — |
Derived from filed accounts. Not audited figures.