Sole Automotive Glass Holdings Ltd
14940945
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/06/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 1 other board
director · Since 24/07/2023
DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 5 other boards
director · Since 24/07/2023
DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 4 other boards
Persons with Significant Control
Mr Stuart Scott Sole
British · United Kingdom · Age 63
301, Thurmaston Lane, Leicester, LE4 9AX
Notified 16/06/2023
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 41159+ SIC 64209 peers16
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. Material uncertainty relating to going concern We draw attention to Note 1.3 in the group financial statements, which indicates that the group incurred a net loss of £1,205,584 during the year ended 31 March 2025 and, as of that date
Key FinancialsYear ending 31/03/2025
Net Worth
-£20k
Balance sheet strength
Cash
£889k
Cash in the bank
Profit Before Tax
-£1.4M
Bottom line earnings
Net Current Assets
-£940k
Working capital
Current Assets
£594k
Current Liabilities
£8.2M
Fixed Assets
£3.6M
Debtors
£4.0M
Cost of Sales
£21.6M
Admin Expenses
£5.3M
Profit After Tax
-£1.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | -£21k |
| 2024 | 0.60 | — |
Derived from filed accounts. Not audited figures.