Glyndwr Innovations Limited
03070909
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 22/06/2023
Persons with Significant Control
Wrexham University
Plas Coch, Mold Road, Wrexham, LL11 2AW
Reg: Not Applicable · Not Applicable · Higher Education Corporation
Notified 06/04/2016
CompanyRankvs 309+ SIC 74909 peers89
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2023
Turnover
£435k
Annual revenue
Net Worth
£562k
Balance sheet strength
Cash
£2k
Cash in the bank
Profit Before Tax
£1.7M
Bottom line earnings
Net Current Assets
£870k
Working capital
Current Assets
£941k
Current Liabilities
£71k
Fixed Assets
£21k
Debtors
£939k
Cost of Sales
£893k
Gross Profit
-£458k
Admin Expenses
£505k
Operating Profit
£1.7M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 13.32 | +£1.7M |
| 2022 | 0.60 | -£21k |
| 2021 | 0.49 | -£555k |
| 2020 | 0.49 | -£339k |
| 2019 | 0.71 | -£19k |
| 2018 | 0.73 | — |
Derived from filed accounts. Not audited figures.