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Electric Glue Limited

08900707

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

62 DEAN STREET, LONDON, W1D 4QF
Incorporated 18/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70210
70210

Officers

Mr Tim Heden

director · Since 30/09/2016

MEDIA DIRECTOR

BRITISH · ENGLAND · Age 50

Miss Pippa Glucklich

director · Since 01/09/2021

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 58

Also on 5 other boards

Mr Richard Stewart Helyar

director · Since 01/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Simon Orpin

Significant control

British · United Kingdom · Age 62

62, Dean Street, London, W1D 4QF

Notified 01/08/2016

Mr Kevin Thomas Brown

25–50% shares

Irish · United Kingdom · Age 64

62, Dean Street, London, W1D 4QF

Notified 10/05/2021

Miss Pippa Glucklich

25–50% shares

British · England · Age 58

62, Dean Street, London, W1D 4QF

Notified 30/10/2024

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 03/06/2020Registered 12/06/2020

CompanyRankvs 636+ SIC 70210 peers
58

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/11/2024

Turnover

£28.7M

Annual revenue

Net Worth

£451k

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

-£267k

Bottom line earnings

Net Current Assets

£346k

Working capital

Current Assets

£3.1M

Current Liabilities

£2.7M

Fixed Assets

£106k

Debtors

£1.6M

Cost of Sales

£25.7M

Gross Profit

£3.0M

Admin Expenses

£3.3M

Operating Profit

-£307k

Profit After Tax

-£267k

12avg. employees+1

Tax at Year End

Dividends paid£274k

People Costs

Wages & salaries£1.6M
NI contributions£190k

Balance Sheet

Assets less current liabilities£453k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.13-£518k
20231.17+£509k
20221.05+£196k
20211.17+£4k
20201.16-£264k
20191.26

Derived from filed accounts. Not audited figures.