South Wales Gliding Club Limited(The)
00729805
Some Concerns
- No accounts filed in last 18 months (-5)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
30/09/2025
micro entity
Next accounts due
30/06/2027
Confirmation statement
Last: 23/03/2026
Due 06/04/2027
Industry
Officers
director · Since 08/04/2023
COMPANY DIRECTOR
BRITISH · WALES · Age 61
Also on 1 other board
Former
director · Resigned 15/01/2016
secretary · Resigned 15/01/2016
director · Resigned 27/01/2018
secretary · Resigned 18/11/2019
director · Resigned 11/01/2020
director · Resigned 22/05/2021
director · Resigned 22/05/2021
director · Resigned 24/11/2021
director · Resigned 24/11/2021
director · Resigned 19/12/2021
director · Resigned 05/02/2022
director · Resigned 05/02/2022
director · Resigned 05/02/2022
director · Resigned 08/04/2023
director · Resigned 08/04/2023
director · Resigned 24/02/2024
director · Resigned 14/01/2025
director · Resigned 17/05/2025
director · Resigned 08/12/2025
director · Resigned 28/02/2026
Charges3 outstanding
THE BRITISH GLIDING ASSOCIATION LIMITED
THE SPORTS COUNCIL FOR WALES.
MIDLAND BANK PLC
Change History
Active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
THE GLIDING SITE
USK
CompanyRankvs 1371+ SIC 93199 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£348k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£49k
Working capital
Current Assets
£66k
Current Liabilities
£17k
Fixed Assets
£305k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.91 | +£13k |
| 2023 | 2.80 | -£15k |
| 2022 | 3.35 | -£43k |
| 2021 | 8.77 | — |
Derived from filed accounts. Not audited figures.