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Glassworks710 Ltd

13199168

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

KEMP HOUSE, LONDON, EC1V 2NX
Incorporated 12/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Minal Jethwa

director · Since 12/02/2021

SALES DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Minal Jethwa

75–100% shares
75–100% votes
Appoint directors

British · England · Age 38

Kemp House, 152 -160 City Road, London, EC1V 2NX

Notified 12/02/2021

Mrs Leena Jethwa

25–50% shares
25–50% votes

British · United Kingdom · Age 37

64, Garner Way, Leicester, LE8 8EJ

Notified 20/03/2023

CompanyRankvs 17050+ SIC 47190 peers
33

Financial strength7th percentile among SIC peers · 2/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 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.

Longevity5/15 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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

-£35k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£42k

Current Liabilities

£92k

Fixed Assets

£5k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£35k
Signed by Mr Minal Jethwa 07/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45+£1k
20240.51-£7k
20230.38-£64k
20220.03—

Derived from filed accounts. Not audited figures.