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Glencoe Plant Services Limited

03003318

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ATLANTIC HOUSE, BOREHAMWOOD, WD6 2BT
Incorporated 20/12/1994

Compliance

Last accounts

31/08/2025

full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 03/12/2025

Due 17/12/2026

On track

Industry

43999
Specialised construction activities
77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Michael Masterson

secretary · Since 20/12/1994

BUILDER

IRISH · UNITED KINGDOM · Age 75

Also on 11 other boards

Mr Michael Masterson

director · Since 20/12/1994

CHAIRMAN CONSTRUCTION COMPANY

IRISH · UNITED KINGDOM · Age 75

Also on 11 other boards

Mrs Mona Ann Masterson

director · Since 20/12/1994

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 74

Also on 3 other boards

Ms Margaret Alice Masterson

director · Since 03/04/2000

ACCOUNTANT

IRISH · IRELAND · Age 49

Also on 1 other board

Mr. Sean Masterson

director · Since 22/06/2007

CONSTRUCTION MANAGER

IRISH · ENGLAND · Age 48

Also on 7 other boards

Mr Keith Leonard Masterson

director · Since 22/06/2007

SURVEYOR

IRISH · ENGLAND · Age 52

Also on 5 other boards

Mr Michael Christian Masterson

director · Since 10/07/2009

CONSTRUCTION MANAGER

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Persons with Significant Control

Masterson Holdings Ltd

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

Atlantic House, 7, Stirling Way, Borehamwood, WD6 2BT

Reg: 04243937 · England And Wales · Limited Company

Notified 06/04/2016

CompanyRankvs 7180+ SIC 43999 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.84× · 6/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the other inform

Key FinancialsYear ending 31/08/2020

Turnover

£10.4M

Annual revenue

Net Worth

£7.0M

Balance sheet strength

Cash

£549k

Cash in the bank

Profit Before Tax

£960k

Bottom line earnings

Net Current Assets

-£613k

Working capital

Current Assets

£3.2M

Current Liabilities

£3.8M

Fixed Assets

£7.6M

Debtors

£2.7M

Cost of Sales

£8.7M

Gross Profit

£1.7M

Admin Expenses

£800k

Operating Profit

£954k

Profit After Tax

£513k

31avg. employees

Tax at Year End

Corp tax£174k
Dividends paid£600k

People Costs

Wages & salaries£1.1M
NI contributions£134k
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent RatioImplied Profit
20200.84-£87k
20190.43

Derived from filed accounts. Not audited figures.