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Global-365 Plc

09299688

active
Public Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WHITE CROSS, LANCASTER, LA1 4XQ
Incorporated 06/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Neil Derek Cox

secretary · Since 06/11/2014

Mr William Wilson

director · Since 06/11/2014

EXECUTIVE

BRITISH · ENGLAND · Age 77

Also on 3 other boards

Directlogic Ltd

director · Since 01/10/2020

Persons with Significant Control

Directlogic Ltd

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

White Cross, South Road, Lancaster, LA1 4XQ

Reg: 03277043 · Companies House · Private Limited Company

Notified 30/06/2016

Charges1 outstanding

Charge
outstanding

SONNY ARORA AND ENVY ADVISORY LIMITED

Created 14/12/2023Registered 02/01/2024

CompanyRankvs 29757+ SIC 62090 peers
34

Financial strength75th percentile among SIC peers · 19/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.64× · 6/20
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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29757Global-365 Plc
49
How is this score calculated?
Financial strength19/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. Material uncertainty related to going concern We draw attention to note 13 in the financial statements which details the loan advanced in 2023 for £500,000. This is due for repayment on the earlier of either the settlement of the Litigation or d

Key FinancialsYear ending 31/12/2024

Net Worth

£28k

Balance sheet strength

Cash

£26k

Cash in the bank

Profit Before Tax

-£129k

Bottom line earnings

Net Current Assets

-£80k

Working capital

Current Assets

£139k

Current Liabilities

£218k

Fixed Assets

£640k

Debtors

£113k

Admin Expenses

£9k

Operating Profit

-£32k

Profit After Tax

-£129k

0avg. employees

Balance Sheet

Intangible assets£619k
Bank loans & overdrafts£7k
Assets less current liabilities£560k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.64-£129k
20233.99—

Derived from filed accounts. Not audited figures.