Ultimate Glass Solutions Ltd
12266404
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 26/08/2025
Due 09/09/2026
Industry
Officers
Persons with Significant Control
Mr Vytautas Ustila
Lithuanian · England · Age 36
Flat 5, Stafford Court, Broxbourne, EN10 7NW
Notified 25/08/2020
Former PSCs
Mrs Olesja Grant
Ceased 25/08/2020
CompanyRankvs 41659+ SIC 43390 peers26
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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 31/10/2025
Net Worth
-£68k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£41k
Working capital
Current Assets
£30k
Current Liabilities
£71k
Fixed Assets
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.42 | -£21k |
| 2024 | 0.52 | -£16k |
| 2023 | 11.78 | — |
Derived from filed accounts. Not audited figures.