Glacon Limited
10111501
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Matthew John Southall
British · Wales · Age 63
Units 1 And 2, Hanbury Garage, Newport, NP18 1AA
Notified 07/04/2016
CompanyRankvs 3405+ SIC 46342 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
-£94k
Balance sheet strength
Cash
£785
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£90k
Fixed Assets
£1k
Debtors
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£13k |
| 2024 | — | -£45k |
| 2023 | 0.80 | -£16k |
| 2022 | 1.06 | +£54k |
| 2021 | 0.42 | — |
Derived from filed accounts. Not audited figures.