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Globaltec Innovation Ltd

09837293

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Net World Sports Bryn Lane, Wrexham Industrial Estate, Wrexham, LL13 9UT
Incorporated 22/10/2015

Previously known as

Technevate Ltd · until 23/06/2017

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 08/03/2026

Due 22/03/2027

On track

Industry

32300
Manufacture of sports goods

Officers

Amy Louise Chadwick

director · Since 01/12/2025

BRITISH · WALES · Age 31

John William Hughes

director · Since 01/12/2025

BRITISH · WALES · Age 38

Also on 1 other board

Amy Louise Chadwick

director · Since 01/12/2025

British · Wales · Age 31

John William Hughes

director · Since 01/12/2025

British · Wales · Age 38

Former

Phil Stanley Tweedie

director · Resigned 01/10/2020

Daniel John Judge

director · Resigned 01/12/2025

David Henry Bayliss

director · Resigned 01/12/2025

Kevin Morris Sinclair

director · Resigned 01/12/2025

Persons with Significant Control

Net World Sports Limited

75–100% shares
75–100% votes
Appoint directors

Net World Sports, Bryn Lane, Wrexham, LL13 9UT

Reg: 06899671 · England And Wales · Limited Company

Notified 01/12/2025

Former PSCs

Mr Daniel John Judge

Ceased 01/12/2025

Mr Kevin Morris Sinclair

Ceased 01/12/2025

Change History

statusactive
2026-07-24

Active

typeltd
2026-07-24

Private Limited Company

address line1Net World Sports Bryn Lane
2026-07-24

NET WORLD SPORTS BRYN LANE

post townWrexham
2026-07-24

WREXHAM

officer appointedCHADWICK, Amy Louise
2026-07-24
officer appointedHUGHES, John William
2026-07-24

CompanyRankvs 348+ SIC 32300 peers
61

Financial strength3th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.88× · 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 strength1/25 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 31/10/2024

Net Worth

-£147k

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

£240k

Working capital

Current Assets

£323k

Current Liabilities

£83k

Fixed Assets

£35k

Debtors

£44k

14avg. employees+3

Tax at Year End

VAT£16k

Balance Sheet

Intangible assets£28k
Bank loans & overdrafts£29k
Assets less current liabilities£275k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.88-£40k£317k
20231.88

Derived from filed accounts. Not audited figures.