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FLOAT GLASS INDUSTRIES LIMITED

FLOAT GLASS HOUSE, FLOATS ROAD, MANCHESTER, M23 9QA

Previous name: ALPHA X RECOVERIES LIMITED (changed on 08-Jan-2018)

Company Number: 11103300
Incorporation date: 08-Dec-2017
Status: Active
Entity type: Private Limited Company

SIC codes:
23110 Manufacture of flat glass
23120 Shaping and processing of flat glass




SUMMARY

This company is 6.4 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 1.3 million which has increased from GBP 665.2 thousand in the previous year. The latest reported revenue figure is GBP 17 million which is up 20% on previous year's figure of GBP 13.7 million. The company has 4 active officers (directors or partners) who are or were officers of 6 other companies, 2 (33.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 16,953,193 748,092 246,513 -94,636 596,215
31-Dec-2021 GBP 13,661,323 399,412 213,333 -114,331 300,410
31-Dec-2020 GBP 11,047,531 -281,551 227,152 -142,712 -365,991
31-Dec-2019 GBP 10,383,315 180,111 166,030 14,081
30-Mar-2019 GBP 14,446,533 -838,015 335,805 -1,173,820
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 56,145 4,387,646 4,221,841 1,443,779 100,000 1,261,394
31-Dec-2021 GBP 36,718 3,077,623 3,301,333 1,773,076 100,000 665,179
31-Dec-2020 GBP 29,350 3,077,133 4,242,891 1,077,827 2 200,868
31-Dec-2019 GBP 158,980 3,179,593 3,907,183 1,379,414 2 -1,159,739 -1,159,737
30-Mar-2019 GBP 139,031 3,414,538 4,985,439 216,917 2 -1,173,820 -1,173,818
31-Dec-2017 GBP 1 1 1 1

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2021 GBP 100.00% 99,998 2 100,000 1,442,419
30-Mar-2019 GBP 50.00% 1 1 2 38,944
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)		 Dissolved companies
(rate)
Active Michael Lindley THOMPSON 01 Sep 2021 Technical Director British 1 - 21 (33.3%)
Resigned Anthony Gordon POLLOCK 01 Feb 2019 30 Sep 2022 Glass Manufacturing British 2 - 10 (0.0%)
Active Garry John TRELFA 01 Feb 2019 Glass Manufacturing English 2 - 01 (50.0%)
Active Dawn Elizabeth GOLDING 03 Jan 2018 Director British 3 - 12 (50.0%)
Active David Maxwell OFFLAND 03 Jan 2018 Director British 3 - 23 (60.0%)
Resigned David POWELL 08 Dec 2017 15 Jan 2018 Chartered Accountant English 3 - 2112 (50.0%)
Number of active directors: 4
Average tenure of active directors: 5.1 years
Average tenure of resigned directors: 1.9 years
Average active director Dissolution Rate: 48.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
  
WRIGHT & OFFLAND HOLDINGS LIMITED (02322362) - Liquidation ✔✔
FGI REALISATIONS LIMITED (02570683) - Liquidation ✔✔✔✔
CHIEF PRODUCTIONS LIMITED (02926804) - Active ✔
DUAL SEAL GLASS LTD. (03036278) - Active ✔
WASTE MANAGEMENT LIMITED (04371120) - Dissolved ✔
FLOAT GLASS INDUSTRY LIMITED (11041208) - Active ✔
FLOAT GLASS INDUSTRIES LIMITED (11103300) - Active ✔✔✔✔

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2018-12-07
DAWN ELIZABETH GOLDINGORDINARY1
50%
DAVID MAXWELL OFFLANDORDINARY1
50%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

FLOAT GLASS INDUSTRIES LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 23110 Manufacture of flat glass)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
PILKINGTON AUTOMOTIVE LIMITED EUROPEAN TECHNICAL CENTRE HALL LANE, LATHOM, NR. ORMSKIRK, LANCASHIRE, L40 5UF 02803344 2018-03-31 696,610,000 -10,550,000
PILKINGTON GROUP LIMITED EUROPEAN TECHNICAL CENTRE HALL LANE, LATHOM, NR. ORMSKIRK, LANCASHIRE, L40 5UF 00041495 2018-03-31 73,205,000 225,926,000 70100-Activities of head offices
PILKINGTON UNITED KINGDOM LIMITED EUROPEAN TECHNICAL CENTRE HALL LANE, LATHOM, NR. ORMSKIRK, LANCASHIRE, L40 5UF 01417048 2018-03-31 138,457,000 1,824,000
CUSTOM GLASS LIMITED CUSTOM COMPLEX, YARDLEY ROAD, KIRKBY, L33 7SS 03759518 2017-08-31 8,658,904 0 23120-Shaping and processing of flat glass
64209-Activities of other holding companies not elsewhere classified
HIGH PERFORMANCE GLASS LIMITED 8/9 CENTENARY IND ESTATE, HUGHES ROAD, BRIGHTON, BN2 4AW 04237418 2018-07-31 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
FLOAT GLASS INDUSTRIES LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 2.5% 4.9% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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