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Glas 1 Limited

13497225

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UK HOUSE 5TH FLOOR, LONDON, W1D 1NN
Incorporated 06/07/2021

Compliance

Last accounts

31/03/2025

audit exemption subsidiary

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/07/2025

Due 19/07/2026

On track

Industry

35110
Production of electricity

Officers

Mr Peter Edward Dias

director · Since 17/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 94 other boards

Mr David Nicholas Godwin Gilbert

director · Since 31/01/2024

ASSOCIATE DIRECTOR - HEAD OF CONSTRUCTIO

BRITISH · ENGLAND · Age 45

Also on 9 other boards

William Roger Grace

director · Since 01/05/2026

BRITISH · ENGLAND · Age 52

Also on 19 other boards

Toby Charles Smith

director · Since 01/05/2026

BRITISH · ENGLAND · Age 41

Also on 19 other boards

Persons with Significant Control

Sky Rooftop Holdings 1 Limited

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

Uk House, 5th Floor, London, W1D 1NN

Reg: 13480699 · Companies House · Private Company Limited By Shares

Notified 19/07/2024

Former PSCs

Ikigai Energy Limited

Ceased 02/02/2024

Fern Uk Power Developments Limited

Ceased 19/07/2024

CompanyRankvs 19300+ SIC 35110 peers
40

Financial strength85th percentile among SIC peers · 21/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 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.

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.

Risk deductions

Going concern doubt: -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 co

Key FinancialsYear ending 30/06/2024

Net Worth

£366k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£7k

Bottom line earnings

Net Current Assets

-£90k

Working capital

Current Assets

£240k

Current Liabilities

£330k

Fixed Assets

£456k

Debtors

£240k

Admin Expenses

£7k

Operating Profit

-£7k

Profit After Tax

-£7k

0avg. employees

Balance Sheet

Assets less current liabilities£366k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£357k
20220.04

Derived from filed accounts. Not audited figures.