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Glenn It Limited

06242720

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

7 FURNACE LANE, HEANOR, DE75 7LD
Incorporated 10/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Philip Glenn

director · Since 10/05/2007

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Mrs Theresa Glenn

director · Since 01/03/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mrs Theresa Glenn

75–100% shares
75–100% votes

British · England · Age 61

7, Furnace Lane, Heanor, DE75 7LD

Notified 06/04/2016

Philip Glenn

25–50% shares

British · United Kingdom · Age 65

7, Furnace Lane, Heanor, DE75 7LD

Notified 01/06/2023

Former PSCs

Phil Glenn

Ceased 01/06/2020

CompanyRankvs 2180+ SIC 62090 peers
83

Financial strength86th percentile among SIC peers · 22/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.58× · 20/20
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 strength22/25 pts

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

Employees11/15 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.

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

£90k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£87k

Working capital

Current Assets

£102k

Current Liabilities

£16k

Fixed Assets

£3k

2avg. employees

Balance Sheet

Assets less current liabilities£90k
Signed by Phil Glenn Date of approval: 01/09/2025 The company was trading for the entire period

EstimatesDerived

YearCurrent RatioImplied Profit
20256.58+£48k
20244.30+£37k

Derived from filed accounts. Not audited figures.