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Global Transition Services Limited

04105976

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

32 PORTLAND TERRACE, NEWCASTLE UPON TYNE, NE2 1QP
Incorporated 10/11/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mrs Vanessa Jane Naylor

director · Since 10/11/2000

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Mr Michael Naylor

director · Since 06/06/2011

CONSULTANT

BRITISH · PORTUGAL · Age 62

Persons with Significant Control

Mr Michael Naylor

25–50% shares

British · Portugal · Age 62

32, Portland Terrace, Newcastle Upon Tyne, NE2 1QP

Notified 06/04/2016

Mrs Vanessa Jane Naylor

25–50% shares

British · England · Age 58

32, Portland Terrace, Newcastle Upon Tyne, NE2 1QP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/07/2020Registered 03/07/2020

CompanyRankvs 23391+ SIC 74909 peers
52

Financial strength24th percentile among SIC peers · 6/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.8× · 16/20
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 strength6/25 pts

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

Employees10/15 pts

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

Liquidity16/20 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 30/11/2024

Net Worth

£2

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£108k

Current Liabilities

£60k

Fixed Assets

£1k

Debtors

£94k

2avg. employees

Tax at Year End

Corp tax£47k

Balance Sheet

Assets less current liabilities£49k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80
20232.48
20222.25+£48k
20212.66+£16k
20201.90
20194.00
20184.43

Derived from filed accounts. Not audited figures.