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Glastech Limited

15257642

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

4 ST CHRISTOPHER CLOSE, GREAT YARMOUTH, NR31 9LQ
Incorporated 03/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43342
Glazing

Officers

Mr Andrew Newman

director · Since 03/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr Jason Swain

director · Since 03/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Andrew Newman

25–50% shares
25–50% votes

British · United Kingdom · Age 50

Unit 9, Morton Peto Road, Great Yarmouth, NR31 0LT

Notified 03/11/2023

Mr Jason Swain

25–50% shares
25–50% votes

British · United Kingdom · Age 55

Unit 9, Morton Peto Road, Great Yarmouth, NR31 0LT

Notified 03/11/2023

CompanyRankvs 4131+ SIC 43342 peers
49

Financial strength50th percentile among SIC peers · 13/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees12/15 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.

Longevity3/15 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 30/11/2025

Net Worth

£7k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£91k

Current Liabilities

£96k

Fixed Assets

£14k

Debtors

£30k

Profit After Tax

£34k

5avg. employees

Tax at Year End

Corp tax£13k
Dividends paid£20k

Balance Sheet

Assets less current liabilities£10k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.95+£0
20250.95-£7k
20241.12

Derived from filed accounts. Not audited figures.