Global Switch Professionals Ltd
08461356
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 25/03/2013
Persons with Significant Control
John Nsiah
British · England · Age 53
Suite-507, City Gate House Bite Business Centre, London, E7 9HZ
Notified 29/01/2017
CompanyRankvs 1096+ SIC 56301 peers31
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern
Key FinancialsYear ending 31/01/2025
Net Worth
-£37k
Balance sheet strength
Cash
£54
Cash in the bank
Net Current Assets
-£28k
Working capital
Current Assets
£13k
Current Liabilities
£40k
Fixed Assets
£10k
Debtors
£13k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.31 | -£17k | — |
| 2024 | 0.48 | -£2k | — |
| 2023 | 1.51 | -£3k | — |
| 2022 | 3.05 | -£25k | — |
| 2021 | 1.31 | -£705 | £234k |
| 2020 | 5.85 | -£11k | — |
| 2019 | 4.97 | — | — |
Derived from filed accounts. Not audited figures.