Global Baggage Solutions Ltd
04441031
Some Concerns
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/05/2025
unaudited abridged
Next accounts due
28/02/2027
Confirmation statement
Last: 17/05/2025
Due 31/05/2026
Industry
Officers
Manchuen Chi
director · Since 14/06/2002
British
Former
Tracey Ann Beamer
secretary · Resigned 24/05/2021
@Ukplc Client Secretary Ltd
corporate nominee secretary · Resigned 29/07/2003
@Ukplc Client Director Ltd
corporate nominee director · Resigned 29/07/2003
@Ukplc Client Secretary Ltd
corporate nominee director · Resigned 23/06/2003
Insolvency History1 case
Eric Walls (practitioner)
CompanyRankvs 100+ SIC 52230 peers79
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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.
Risk deductions
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£1.2M
Balance sheet strength
Cash
£515k
Cash in the bank
Net Current Assets
£1.0M
Working capital
Current Assets
£1.5M
Current Liabilities
£453k
Fixed Assets
£249k
Debtors
£943k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.23 | +£482k |
| 2024 | 2.28 | +£305k |
| 2023 | 2.19 | — |
Derived from filed accounts. Not audited figures.