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Glitz Salon Ltd

13755905

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

2055 COVENTRY ROAD, BIRMINGHAM, B26 3DY
Incorporated 19/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Ms Shafaq Khan

director · Since 19/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Miss Shafaq Khan

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

British · England · Age 47

2055, Coventry Road, Birmingham, B26 3DY

Notified 19/11/2021

Former PSCs

Mr Mohammed Nisar

Ceased 01/09/2023

CompanyRankvs 35639+ SIC 96020 peers
40

Financial strength22th percentile among SIC peers · 6/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.66× · 6/20
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 strength6/25 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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£419

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£8k

Current Liabilities

£12k

Fixed Assets

£4k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£419
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.66
20230.31
20220.16

Derived from filed accounts. Not audited figures.