Back to search

Glenco Limited

10024035

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

31 CARRWOOD AVENUE, STOCKPORT, SK7 2PY
Incorporated 24/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mr Navin Kumar Patel

director · Since 24/02/2016

DENTIST

BRITISH · ENGLAND · Age 73

Also on 1 other board

Mrs Rita Patel

director · Since 24/02/2016

PHARMACIST

BRITISH · ENGLAND · Age 70

Mr Kanish Patel

director · Since 01/11/2019

PHARMACIST

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mrs Rita Patel

50–75% shares

British · England · Age 70

31, Carrwood Avenue, Stockport, SK7 2PY

Notified 06/04/2016

Mr Navin Patel

25–50% shares

British · England · Age 73

31, Carrwood Avenue, Stockport, SK7 2PY

Notified 06/04/2016

CompanyRankvs 2107+ SIC 55900 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees13/15 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.

Longevity10/15 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 31/12/2024

Net Worth

£6.5M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£4.1M

Current Liabilities

£5.3M

Fixed Assets

£7.7M

3avg. employees

Balance Sheet

Assets less current liabilities£6.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77+£294k
20230.69+£252k
20220.54+£337k
20210.62

Derived from filed accounts. Not audited figures.