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Global Sourcing Group Limited

09723692

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

124A MARKET STREET, BOLTON, BL4 9AE
Incorporated 08/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear
47910
Retail sale via mail order houses or via Internet

Officers

Mr Mohammad Amaan Ali Raza

director · Since 08/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Mohammad Amaan Ali Raza

Significant control

British · England · Age 41

124a, Market Street, Bolton, BL4 9AE

Notified 03/05/2018

Former PSCs

Mr Tahir Saeed

Ceased 03/05/2018

CompanyRankvs 440+ SIC 46420 peers
84

Financial strength96th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.57× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

Longevity11/15 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 31/08/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.1M

Current Liabilities

£824k

Fixed Assets

£4k

Debtors

£1.5M

8avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.57+£223k
20232.05+£723k
20221.35+£274k
20211.17+£60k
20201.05-£82k
20190.73+£253k
20180.48

Derived from filed accounts. Not audited figures.