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Glorious Ascent Uk Ltd

13614080

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

118A CHURCH ROAD, LONDON, W7 3BE
Incorporated 10/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46170
Agents involved in the sale of food, beverages and tobacco
46390
Non-specialised wholesale of food, beverages and tobacco
56290
Other food service activities
96090
Other personal service activities

Officers

Mr Mohammad Reza Farahbakhsh

director · Since 10/09/2021

MANAGER

IRANIAN · UNITED KINGDOM · Age 48

Persons with Significant Control

Aal Mir Trading Co. L.L.C.

75–100% shares

P.O.Box: 7851, P.O.Box: 7851, Dubai

Notified 17/08/2023

Former PSCs

Mr Mohammad Reza Farahbakhsh

Ceased 21/08/2023

CompanyRankvs 2374+ SIC 46170 peers
30

Financial strength5th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.11× · 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 strength1/25 pts

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

Employees7/15 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 30/09/2024

Net Worth

-£62k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£60k

Working capital

Current Assets

£7k

Current Liabilities

£67k

1avg. employees

Director Loans(2022)

Company owes directors£4k

Balance Sheet

Assets less current liabilities-£60k
Signed by Mr Mohammad Farahbakhsh 18/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£22k
20230.25-£35k
20220.08

Derived from filed accounts. Not audited figures.