The Firmwatch take
Glass Pharms Ltd (13049148) currently shows: At risk signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Net liabilities of £4.8m — assets do not cover obligations.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
27 November 2020
5 years on the register
Sector
Agriculture
SIC 01280 · matched to division
Size
Not classified
Net assets
−£4.8m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£4.8m
Bottom 10% in sector · sector median £25k · 24,704 filers in this sector
Cash
Not disclosed
Working cap.
£2.7m
Median £5k
Current ratio
2.0×
Median 1.1×
Signals · 1
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Sector benchmark · Agriculture and Food Production
How this company compares in 24,704 filers in this sector
Bottom 10% in sector — Glass Pharms Ltd shows −£4.8m in net assets. Sector median is £25k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- TA
THAKRAR, Amit Rishi Jaysukh
director · since 2022
Registered office
Address intelligence
10 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · TW9 1HP
10 other UK companies registered at this postcode.
Active
9
Dissolved
0
Strike-off action
1
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.