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Glendale Technology Limited

02123664

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

8 CAUSEWAY HEAD, HASLINGDEN, BB4 4DW
Incorporated 15/04/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Janet Ruth Ormerod

secretary · Since 31/10/1991

BRITISH

Mr Peter Ormerod

director · Since 31/10/1991

CONSULTANT

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Mr Peter Ormerod

Significant control

British · England · Age 69

8, Causeway Head, Rossendale, BB4 4DW

Notified 06/04/2016

CompanyRankvs 23338+ SIC 74909 peers
48

Financial strength24th percentile among SIC peers · 6/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.88× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees2/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other

Key FinancialsYear ending 31/03/2025

Net Worth

£2

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£4k

Current Liabilities

£978

Fixed Assets

£793

Debtors

£110

0avg. employees-1

Director Loans(2022)

Company owes directors£37k

Balance Sheet

Assets less current liabilities£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.88—
20240.10—
20230.11—
20220.12-£547
20210.16+£4k
20200.03-£462
20190.03-£2k
20170.13—

Derived from filed accounts. Not audited figures.