Company Overview
Glotex Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 12 November 2018, so this is a well established company. Glotex Ltd has been in business for 7 years and 4 months. The accounts status is micro entity and the accounts are next due on Monday 31 August 2026.
Registered Address

651 Mauldeth Road West, Chorlton Cum Hardy, Manchester, M21 7SA
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Companies House Data
Company NameGLOTEX LTD
Company Number11672725
Registered Office Address651 Mauldeth Road West
 Chorlton Cum Hardy
 M21 7SA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/11/2018
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2026
Accounts Last Made Up Date30/11/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date10/12/2019
Directors & Members
Show Resigned
Arif Saeed - Director
(British, 51 years old, born January 1975)
Appointed 08 November 2019
 Active
Secretaries
Arif Saeed - Secretary
Appointed 18 November 2019
 Active
Other Company Directorships
Arif Saeed
A S DEVELOPMENTS (UK) LTD
AHMAD'S SUPERSTORE LIMITED
CARE ACADEMY AGENCY SERVICES LTD
CHESHIRE GROUP REAL ESTATE LTD
DHD PROPERTY & ESTATES LTD
ECCLES FAST FOOD LTD
MANCHESTER PRIME CARE LIMITED
SAPPHIRE MCR LTD
SAS MANAGEMENT SOLUTIONS LTD
Balance Sheet Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 4,048 4,048 255
Creditors Due Within One Year -37,092 -37,092 -52,027
Working Cap 41,140 41,140 52,282
Total Assets Less Current Liabilities 41,140 41,140 52,282
Long-term Liabilities 45,582 45,582 54,054
Net Assets -4,442 -4,442 2,282
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -4,442 -4,442 2,282
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year -916.3% -916.3% -20402.7%
Net Current Assets Liabilities 1016.3% 1016.3% 20502.7%
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 -109.7% -109.7% 894.9%
Capital Employed - - -
Total Assets Less Current Liabilities 1016.3% 1016.3% 20502.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Liquidity Ratio -0.1 -0.1 0.0
Solvency Ratio 0.5 0.5 0.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Assets 4,048 4,048 255
Debt 8,490 8,490 2,027
Net Assets/Debt -4,442 -4,442 2,282

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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
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Document Filings
Confirmation statement made on 4 June 2025 with no updates
Confirmation statement made on 4 June 2024 with no updates
Confirmation statement made on 5 June 2023 with no updates
Confirmation statement made on 5 June 2022 with no updates
Registered office address changed from 23 Market Street Leigh WN7 1DR England to 651 Mauldeth Road West Chorlton Cum Hardy Manchester M21 7SA on 17 May 2022
Registered office address changed from 651 Mauldeth Road West Chorlton Cum Hardy Manchester M21 7SA England to 23 Market Street Leigh WN7 1DR on 1 July 2021
Confirmation statement made on 5 June 2021 with no updates
Confirmation statement made on 5 June 2020 with updates
Appointment of Mr Arif Saeed as a secretary on 18 November 2019
Notification of Arif Saeed as a person with significant control on 18 November 2019
Confirmation statement made on 14 May 2020 with updates
Registered office address changed from 104 Broughton Lane Salford M7 1UF England to 651 Mauldeth Road West Chorlton Cum Hardy Manchester M21 7SA on 13 May 2020
Cessation of Arif Saeed as a person with significant control on 8 November 2019
Notification of Arif Saeed as a person with significant control on 8 November 2019
Appointment of Mr Arif Saeed as a director on 8 November 2019
Cessation of Muhammad Haleem Talib as a person with significant control on 8 November 2019
Termination of appointment of Muhammad Haleem Talib as a director on 8 November 2019
Confirmation statement made on 11 November 2019 with no updates
Registered office address changed from Apollo Building 3-9 Hyde Road Manchester Lancashire M12 6BQ England to 104 Broughton Lane Salford M7 1UF on 2 April 2019
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