Formerglory Developments Limited
10079808
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/03/2016
DEVELOPER
BRITISH · NORTHERN IRELAND · Age 50
Also on 16 other boards
Persons with Significant Control
Lcg Endeavour Limited
Ridgeway House, Douglas, Isle Of Man, IM99 1PY
Notified 09/05/2016
Charges2 outstanding
ASSETZ CAPITAL TRUST COMPANY LIMITED (AS SECURITY TRUSTEE)
ASSETZ CAPITAL TRUST COMPANY LIMITED (AS SECURITY TRUSTEE)
LANCASHIRE MORTGAGE CORPORATION LTD
JONATHAN GARETH GWYNNE AND STEPHEN ROBERT GRAY
LCG LIMITED
CompanyRankvs 878970+ SIC 41100 peers19
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2022
Net Worth
-£2.7M
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£2.7M
Working capital
Current Assets
£118k
Current Liabilities
£2.8M
Fixed Assets
£28
Debtors
£115k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.04 | +£172k |
| 2021 | 0.16 | -£203k |
| 2020 | 0.44 | -£399k |
| 2019 | 0.57 | — |
Derived from filed accounts. Not audited figures.