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G.L.M. Finance Limited

04752628

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

GLM HALESOWEN ROAD, DUDLEY, DY2 9NT
Incorporated 02/05/2003

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 02/05/2025

Due 16/05/2026

Overdue

Industry

64921
64921

Officers

Mr Mark John Welch

director · Since 02/05/2003

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Jason Anthony Welch

secretary · Since 16/07/2008

CAR SALESMAN

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Bold 22 Ltd

75–100% shares

6, Raynor House, Raynor Road, Wolverhampton, WV10 9QY

Reg: 07693291 · Companies House In England & Wales · Limited Company

Notified 16/05/2018

Former PSCs

Mr Jason Anthony Welch

Ceased 01/07/2016

Mr Mark John Welch

Ceased 01/07/2016

Charges1 outstanding

charge
outstanding

SIEMENS FINANCIAL SERVICES LTD

Created 04/01/2010Registered 05/01/2010
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/07/2008Registered 15/07/2008Satisfied 08/01/2010

CompanyRankvs 14+ SIC 64921 peers
75

Financial strength90th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.01× · 20/20
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 strength23/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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 31/05/2024

Net Worth

£3.5M

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£3.9M

Working capital

Current Assets

£5.2M

Current Liabilities

£1.3M

Debtors

£5.2M

3avg. employees

Tax at Year End

Corp tax£24k

Balance Sheet

Assets less current liabilities£3.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.01-£11k
20236.35+£73k
20227.73+£23k
20217.03+£122k
20206.06+£133k
20195.82+£223k
20184.56

Derived from filed accounts. Not audited figures.