Glb Commerce Ltd
11005492
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 09/10/2025
Due 23/10/2026
Industry
Officers
Persons with Significant Control
Mr Gavin Lee Binding
English · Wales · Age 42
Suite A, Suite A, Mildenhall, IP28 7DE
Notified 10/10/2017
Charges0 outstanding
TIME INVOICE FINANCE LIMITED
CompanyRankvs 37695+ SIC 47910 peers46
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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 31/10/2024
Net Worth
-£26k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£21k
Working capital
Current Assets
£50k
Current Liabilities
£45k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.12 | +£3k |
| 2023 | 2.09 | -£735 |
| 2022 | 3.95 | -£9k |
| 2021 | 2.57 | -£39k |
| 2020 | 2.58 | +£15k |
| 2019 | 1.16 | — |
Derived from filed accounts. Not audited figures.