The Firmwatch take
Glas Collection Limited (12204007) currently shows: Watch signal detected, based on accounts to 30 September 2025; last refreshed 24 May 2026. A strike-off notice has been published. The company can still trade until the second gazette.
Companies House source·Accounts to 30 Sept 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
2 public risk events on file
Pulse · Net assets, 2024–2025
↗ £2kIncorporated
12 September 2019
6 years on the register
Sector
Other education n.e.c.
SIC 85590
Size
Not classified
Net assets
£11k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
2 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
4/100
low risk
Estimated public-data value
£8,099 - £14,577
medium confidence - net asset range
Sector comparison
Sector: Education and Training
Sample: 47,490 companies
Negative net assets: 16.6%
- Net assets vs sector median
- £9,798
- Working capital vs sector median
- £8,359
- Sector median current ratio
- 1.33
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Top 10% in sector · Sector medians shown for 47,490 filers in this sector (2025).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£26,175
Current liabilities
Amounts due within one year (short-term creditors).
£15,459
Working capital
Current assets minus current liabilities.
£10,716
Median £2k
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
£10,817
Net assets
What's left after liabilities are deducted from assets.
£10,798
Median £1k
Equity (capital & reserves)
Shareholder funds.
£200
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
1.7×
Median 1.3×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.