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Global Memory Ltd

06000503

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

166 BLACKBURN ROAD, BOLTON, BL1 8DR
Incorporated 16/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Sajid Patel

director · Since 16/11/2006

PROPRIETOR/DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Sajid Patel

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 52

166, Blackburn Road, Bolton, BL1 8DR

Notified 16/11/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/05/2023Registered 15/05/2023

CompanyRankvs 1272+ SIC 62090 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.55× · 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.

Employees13/15 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 31/03/2025

Net Worth

£216k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£137k

Working capital

Current Assets

£191k

Current Liabilities

£54k

Fixed Assets

£84k

3avg. employees

Tax at Year End(2023)

Corp tax£1k
VAT£7k

Director Loans(2023)

Company owes directors£21k

Balance Sheet

Assets less current liabilities£221k
Signed by Mr Sajid Patel 31st March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.55+£0—
20253.55-£20k—
20243.92-£17k—
20233.34—£133k

Derived from filed accounts. Not audited figures.