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Glo-Networks Limited

06344510

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 10 BRIDGEND BUSINESS PARK BENNETT STREET, BRIDGEND, CF31 3SH
Incorporated 16/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Christopher Connor

director · Since 16/08/2007

IT CONSULTANT

BRITISH · WALES · Age 49

Also on 1 other board

Mr David James Smith

director · Since 27/01/2020

IT CONSULTANT

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Karl Southern

director · Since 27/01/2020

IT CONSULTANT

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Christopher Connor

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 49

6 Old Meadow Hill, Bryn Henfaes, Bridgend, CF31 5EW

Notified 06/04/2016

Glo-Networks Employee Ownership Trustee Ltd

50–75% shares
50–75% votes

Unit 10 Bridgend Business Park, Bennett Street, Bridgend, CF31 3SH

Notified 02/08/2022

Former PSCs

Mrs Emma Connor

Ceased 02/08/2022

CompanyRankvs 616+ SIC 62020 peers
89

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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616Glo-Networks Limited
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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 30/09/2025

Net Worth

£250k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£274k

Working capital

Current Assets

£535k

Current Liabilities

£261k

Fixed Assets

£857

Debtors

£469k

16avg. employees-3

Balance Sheet

Assets less current liabilities£307k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.05+£15k
20241.94+£22k
20232.10—

Derived from filed accounts. Not audited figures.