Company Overview
Multi Glazing Systems Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 11 July 1991, so this is a well established company. Multi Glazing Systems Limited has been in business for 34 years and 9 months. The accounts status is small and the accounts are next due on Tuesday 31 March 2026.
Registered Address

C/O Kaba Lower Moor Way, Tiverton Business Park, Tiverton, EX16 6SS
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Companies House Data
Company NameMULTI GLAZING SYSTEMS LIMITED
Company Number02628441
Registered Office AddressC/O Kaba Lower Moor Way
 Tiverton Business Park
 EX16 6SS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/07/1991
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategorySMALL
Returns Next Due Date31/05/2017
Returns Last Made Up Date03/05/2016
Directors & Members
Show Resigned
Angelo Dalporto - Director
(Italian, 51 years old, born March 1975)
Appointed 01 January 2026
 Active
Paul Lewis - Director
(British, 55 years old, born October 1971)
Appointed 05 March 2024
 Active
Secretaries
Show Resigned
Other Company Directorships
Angelo Dalporto
1ST ACCESS GROUP LIMITED
DORMAKABA UK HOLDING LIMITED
DORMAKABA UK LIMITED
KABA LIMITED
R.T.R. SERVICES LIMITED
Paul Lewis
1ST ACCESS GROUP LIMITED
DORMAKABA UK HOLDING LIMITED
DORMAKABA UK LIMITED
EVOLUTION HOMECARE SERVICES LIMITED
KABA LIMITED
R.T.R. SERVICES LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 28-Feb-2023 28-Feb-2022
Balance Sheet
Fixed Assets 37,896 37,896 41,696
Current Assets 1,449,915 1,449,915 1,377,728
Creditors Due Within One Year 776,381 776,381 809,138
Working Cap 673,534 673,534 568,590
Total Assets Less Current Liabilities 711,430 711,430 610,286
Long-term Liabilities 711,153 711,153 610,009
Net Assets 277 277 277
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 277 277 277
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 28-Feb-2023 28-Feb-2022
Tangible Fixed Assets - - -
Fixed Assets 2.5% 2.5% 2.9%
Stocks Inventory - - -
Debtors 52.5% 52.5% 23.6%
Cash Bank In Hand 26.8% 26.8% 54.5%
Current Assets 97.5% 97.5% 97.1%
Creditors Due Within One Year 52.2% 52.2% 57.0%
Net Current Assets Liabilities 45.3% 45.3% 40.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.0% 0.0% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities 47.8% 47.8% 43.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 28-Feb-2023 28-Feb-2022
Liquidity Ratio 1.9 1.9 1.7
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2024 28-Feb-2023 28-Feb-2022
Assets 1,487,811 1,487,811 1,419,424
Debt 1,487,534 1,487,534 1,419,147
Net Assets/Debt 277 277 277

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EX16 6SS
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CHINON COURT, LOWER MOOR WAY, TIVERTON, DEVON, EX16 6SS
GRUNDMANN (UK) LIMITED
Lower Moor Way, Tiverton Business Park, Tiverton, Devon, EX16 6SS
FELIX DESIGN LIMITED
Lower Moor Way, Tiverton, Devon, EX16 6SS
KABA LIMITED
LOWER MOOR WAY, TIVERTON BUSINESS PARK, TIVERTON, DEVON, EX16 6SS
KABA (UK) LIMITED
Lower Moor Way, Tiverton Business Park, Tiverton, Devon, EX16 6SS
ROUNDCUBE SPORTS LIMITED
Lower Moor Way, Tiverton, Devon, EX16 6SS
KABA LOCKS (MANUFACTURING) LIMITED
Lower Moor Way, Tiverton Business Park, Tiverton Devon, EX16 6SS
KABA LOCKS LIMITED
C/O Kaba Locks Limited, Lower Moor Way,Tiverton, Devon, EX16 6SS
Document Filings
Appointment of Mr Angelo Guido Dalporto as a director on 1 January 2026
Termination of appointment of Paul Edmund Wright as a director on 31 December 2025
Confirmation statement made on 26 June 2025 with updates
Registered office address changed from Dormakaba Wilbury Way Hitchin SG4 0AB England to C/O Kaba Lower Moor Way Tiverton Business Park Tiverton EX16 6SS on 1 July 2025
Cessation of Christine Mankel as a person with significant control on 1 July 2024
Cessation of Stephanie Brecht-Bergen as a person with significant control on 26 September 2024
Cessation of Dormakaba Holding Ag as a person with significant control on 1 July 2024
Notification of Dormakaba Holding Ag as a person with significant control on 1 July 2024
Notification of Stephanie Brecht-Bergen as a person with significant control on 26 September 2024
Notification of Christine Mankel as a person with significant control on 1 July 2024
Statement of capital on 17 September 2024
Statement by Directors
Solvency Statement dated 11/09/24
Resolutions
Confirmation statement made on 26 June 2024 with no updates
Confirmation statement made on 18 June 2024 with no updates
Director's details changed for Mr Paul Edmund Wright on 11 March 2024
Termination of appointment of Shane Antony Christie as a director on 5 March 2024
Appointment of Mr Paul James Lewis as a director on 5 March 2024
Registered office address changed from Wilbury Way Hitchin Herts SG4 0AB England to Dormakaba Wilbury Way Hitchin SG4 0AB on 16 November 2023
Current accounting period extended from 29 February 2024 to 30 June 2024
Confirmation statement made on 18 June 2023 with no updates
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