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Global Locking Systems Limited

02973718

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

70 MORGAN CLOSE, WILLENHALL, WV12 4LH
Incorporated 05/10/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25720
Manufacture of locks and hinges

Officers

Mr Ian Philip Kirby

director · Since 06/10/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Brian Thomas May

director · Since 06/10/1994

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 88

Also on 9 other boards

Mr David Peter May

secretary · Since 01/03/2020

Also on 1 other board

Mr David Peter May

director · Since 01/03/2020

ARCHITECTURAL IRONMONGER

BRITISH · ENGLAND · Age 53

Also on 1 other board

Charges2 outstanding

charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 04/04/2008Registered 14/04/2008Satisfied 22/12/2025
charge
outstanding

WYGAR CONSTRUCTION COMPANY LIMITED

Created 28/07/1998Registered 12/08/1998
charge
outstanding

LLOYDS BANK PLC

Created 24/11/1997Registered 27/11/1997

CompanyRankvs 49+ SIC 25720 peers
64

Financial strength75th percentile among SIC peers · 19/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.28× · 12/20
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 strength19/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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 31/12/2025

Net Worth

£56k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£213k

Current Liabilities

£166k

Fixed Assets

£10k

Debtors

£113k

8avg. employees

Tax at Year End(2023)

Corp tax£3k

Balance Sheet

Assets less current liabilities£57k
Signed by Mr I P Kirby 20 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28+£0
20251.28-£502
20241.34+£422
20231.39+£124
20221.48-£127
20211.45+£624
20201.41+£83
20191.09+£5
20181.10

Derived from filed accounts. Not audited figures.