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Globe Developments Limited

09184809

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
53 / 100

Notable Risks

25/30
Filing
10/30
Financial
18/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

2 CLAUDE PLACE, CARDIFF, CF24 3QF
Incorporated 21/08/2014

Compliance

Last accounts

28/08/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 25/06/2025

Due 09/07/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Mrs Harjeet Kaur Ghuman

director · Since 14/11/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mrs Harjeet Kaur Ghuman

75–100% shares

British · United Kingdom · Age 62

Flat 1, 41, Corporation Road, Cardiff, CF11 7AP

Notified 14/11/2025

Former PSCs

Mr Gyan Singh Ghuman

Ceased 02/01/2025

Mr Achilleas Lamaris

Ceased 14/11/2025

Charges1 outstanding

Charge
satisfied

ACRE LANE FUNDING 1 LTD

Created 26/02/2021Registered 17/03/2021Satisfied 31/05/2023
Charge
satisfied

ACRE LANE FUNDING 1 LTD

Created 26/02/2021Registered 17/03/2021Satisfied 31/05/2023
Charge
outstanding

MSP CAPITAL LIMITED

Created 08/11/2019Registered 19/11/2019

Insolvency History2 cases

receiver manager

Damian Webb (receiver manager) · Allan David Kelly (receiver manager)

receiver manager

Damian Webb (receiver manager) · Allan David Kelly (receiver manager)

CompanyRankvs 4700+ SIC 41202 peers
57

Financial strength98th percentile among SIC peers · 25/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.34× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees5/15 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.

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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 28/08/2024

Net Worth

£1.1M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.9M

Current Liabilities

£796k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.34+£2.2M
20232.44—

Derived from filed accounts. Not audited figures.