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Ciner Glass Ltd

11974296

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 9 outstanding charges (-10)

Details

2ND FLOOR, LONDON, EC4R 2RP
Incorporated 01/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

23190
Manufacture and processing of other glass

Officers

Ms Ikbal Didem Ciner

director · Since 01/05/2019

DIRECTOR

TURKISH · UNITED KINGDOM · Age 46

Also on 9 other boards

Mr Mehmet Ali Erdogan

director · Since 01/05/2019

LAWYER

BRITISH · UNITED KINGDOM · Age 55

Also on 8 other boards

Sir Peter John Westmacott

director · Since 01/01/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 75

Mr Cuneyt Basaran

director · Since 16/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Nicholas Rodney Hall

director · Since 18/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Jeremy Peter Small

secretary · Since 18/09/2023

Mr Ahmet Tohma

director · Since 18/09/2023

COMPANY DIRECTOR

TURKISH · ENGLAND · Age 45

Also on 5 other boards

Mr Alasdair John Warren

director · Since 18/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Miss Nezahat Gultekin

director · Since 23/06/2025

DIRECTOR

BRITISH · ITALY · Age 51

Gokhan Sen

director · Since 09/03/2026

TURKISH · UNITED KINGDOM · Age 43

Gursel Usta

director · Since 23/03/2026

TURKISH · TURKEY · Age 65

Persons with Significant Control

Mr Turgay Ciner

75–100% shares
75–100% votes

Turkish · United Kingdom · Age 70

2nd Floor, 23 College Hill, London, EC4R 2RP

Notified 01/05/2019

Former PSCs

Mining, Minerals And Chemicals Ltd

Ceased 25/08/2020

Tc Memo Holdings Ltd

Ceased 12/09/2022

Charges9 outstanding

Charge
outstanding

BNP PARIBAS FORTIS SA/NV (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)

Created 01/08/2025Registered 12/08/2025
Charge
outstanding

BNP PARIBAS FORTIS SA/NV (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)

Created 08/08/2025Registered 12/08/2025
Charge
outstanding

DENIZBANK A.Åž., ESENTEPE, BUYUKDERE CAD. NO.141 34394 SISLI/ISTANBUL, AS ASSIGNEE AND SECURITY

Created 11/04/2025Registered 14/04/2025
Charge
outstanding

DENIZBANK A.Åž., ESENTEPE, BUYUKDERE CAD. NO.141 34394 SISLI/ISTANBUL, AS PLEDGEE ACTING AS SECU

Created 11/04/2025Registered 14/04/2025
Charge
outstanding

DENIZBANK A.Åž., ESENTEPE, BUYUKDERE CD. NO:141 34394 SISLI/ISTANBUL, AS SECURITY AGENT FOR THE

Created 11/04/2025Registered 14/04/2025
Charge
outstanding

DENIZBANK A.Åž., ESENTEPE, BUYUKDERE CAD. NO.141 34394 SISLI/ISTANBUL, AS SECURITY AGENT FOR THE

Created 12/08/2024Registered 13/08/2024
Charge
outstanding

DENIZBANK A.Åž., ESENTEPE, BUYUKDERE CAD. NO.141 34394 SISLI/ISTANBUL, AS SECURITY AGENT FOR THE

Created 12/08/2024Registered 13/08/2024
Charge
outstanding

DENIZBANK A.Åž., ESENTEPE, BUYUKDERE CD. NO:141 34394 SISLI/ISTANBUL, AS SECURITY AGENT OF THE S

Created 18/07/2024Registered 29/07/2024
Charge
outstanding

DENIZBANK ANONIM ÅžIRKETI, ESENTEPE, BUYUKDERE CD. NO:141 34394 SISLI/ISTANBUL, AS SECURITY AGEN

Created 18/07/2024Registered 24/07/2024
Charge
satisfied

DEUTSCHE BANK LUXEMBOURG S.A. (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)

Created 05/02/2024Registered 12/02/2024Satisfied 12/08/2025

CompanyRankvs 115+ SIC 23190 peers
43

Financial strength91th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees12/15 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.

Longevity7/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2022

Net Worth

£1.9M

Balance sheet strength

Cash

£209k

Cash in the bank

Profit Before Tax

-£2.2M

Bottom line earnings

Net Current Assets

-£4.9M

Working capital

Current Assets

£6.0M

Current Liabilities

£10.8M

Fixed Assets

£7.0M

Debtors

£5.8M

Admin Expenses

£2.0M

Operating Profit

-£2.0M

Profit After Tax

-£2.2M

8avg. employees+3

People Costs

Wages & salaries£1.1M
NI contributions£75k

Balance Sheet

Intangible assets£349k
Assets less current liabilities£2.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20220.55-£2.2M
20211.79+£4.2M
20190.64

Derived from filed accounts. Not audited figures.