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Global Projects Ltd

04700591

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

67 NEWLAND STREET, WITHAM, CM8 1AA
Incorporated 18/03/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66290
Other activities auxiliary to insurance and pension funding
70229
Management consultancy activities

Officers

Mr Paul Andrew May

director · Since 01/11/2003

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 70

Also on 9 other boards

Mrs Diane May

secretary · Since 05/03/2013

Persons with Significant Control

Mrs Diane May

25–50% shares

British · England · Age 70

67, Newland Street, Witham, CM8 1AA

Notified 30/06/2016

Mr Paul Andrew May

25–50% shares

British · England · Age 70

67, Newland Street, Witham, CM8 1AA

Notified 30/06/2016

CompanyRankvs 1671+ SIC 66290 peers
42

Financial strength3th percentile among SIC peers · 1/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£54k

Balance sheet strength

Cash

£59

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£20k

Current Liabilities

£85k

Fixed Assets

£15k

Debtors

£20k

2avg. employees

Balance Sheet

Assets less current liabilities-£50k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24-£1k
20230.25-£619
20220.26-£9k
20210.33
20200.60
20190.66
20180.56

Derived from filed accounts. Not audited figures.