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Glendower Cutting Tools Limited

01047217

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

21 PINFOLD ROAD, THURMASTON, LE4 8AS
Incorporated 23/03/1972

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/11/2025

Due 13/12/2026

On track

Industry

28410
28410

Officers

Cynthia Margaret Sanders

secretary · Since 01/11/1995

OFFICE ADMIN COMPANY SEC

BRITISH · Age 78

Also on 3 other boards

Cynthia Margaret Sanders

director · Since 07/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 3 other boards

Mr Richard Sanders

director · Since 07/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Mr Justin Sanders

director · Since 31/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Glendower Holdings Limited

75–100% shares
75–100% votes
Appoint directors

21, Pinfold Road, Leicester, LE4 8AS

Reg: 16495599 · Companies House · Private Limited Company

Notified 16/09/2025

Former PSCs

Ms Cynthia Margaret Sanders

Ceased 16/09/2025

Mrs Jane Woollaston

Ceased 16/09/2025

Charges1 outstanding

charge
satisfied

CAPITAL BANK PLC

Created 21/12/1998Registered 23/12/1998Satisfied 25/11/2011
charge
outstanding

BARCLAYS BANK PLC

Created 20/11/1990Registered 28/11/1990

CompanyRankvs 15+ SIC 28410 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£110k

Cash in the bank

Net Current Assets

£477k

Working capital

Current Assets

£906k

Current Liabilities

£429k

Fixed Assets

£975k

Debtors

£543k

21avg. employees-2

Tax at Year End(2020)

Corp tax£57k

Balance Sheet

Intangible assets£20k
Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.11-£140k
20232.41-£108k
20223.02-£30k
20213.04+£162k
20202.75+£180k
20192.29+£80k
20182.27

Derived from filed accounts. Not audited figures.