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Glorious Wright Ltd

13422087

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

65 BROADWAY, LONDON, E15 4BQ
Incorporated 26/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation
43330
Floor and wall covering

Officers

Mr Sipho Paul Kunene

director · Since 26/05/2021

DIRECTOR

MOSOTHO · UNITED KINGDOM · Age 32

Mrs Thandiwe Elzer Kunene Grimes

director · Since 26/05/2021

DIRECTOR

MOSOTHO · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Sipho Paul Kunene

25–50% shares
25–50% votes
Appoint directors

Mosotho · United Kingdom · Age 32

65, Broadway, London, E15 4BQ

Notified 26/05/2021

Mrs Thandiwe Elzer Kunene Grimes

25–50% shares
25–50% votes
Appoint directors

Mosotho · United Kingdom · Age 51

65, Broadway, London, E15 4BQ

Notified 26/05/2021

CompanyRankvs 7795+ SIC 43320 peers
51

Financial strength11th percentile among SIC peers · 3/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 5.52× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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7795Glorious Wright Ltd
51
How is this score calculated?
Financial strength3/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/05/2024

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£82k

Current Liabilities

£15k

Fixed Assets

£10k

2avg. employees+1

Tax at Year End(2023)

Corp tax£574
VAT£28k

Balance Sheet

Assets less current liabilities£77k
Signed by Mr Sipho KUNENE 20/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.52+£21k—
20231.89-£24k£560k
20220.68—£164k

Derived from filed accounts. Not audited figures.