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Glocal Property Initiatives Limited

12256549

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

23 ARGYLE STREET, LIVERPOOL, L1 5BL
Incorporated 11/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68320
Management of real estate on a fee or contract basis
70229
Management consultancy activities

Officers

Mr Seng Fung Kung

director · Since 11/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Mr Ming Yin Tang

director · Since 11/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Seng Fung Kung

Significant control

British · United Kingdom · Age 43

23, Argyle Street, Liverpool, L1 5BL

Notified 11/10/2019

Mr Ming Yin Tang

Significant control

British · United Kingdom · Age 44

23, Argyle Street, Liverpool, L1 5BL

Notified 11/10/2019

Charges2 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 19/01/2023Registered 20/01/2023
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 14/04/2022Registered 25/04/2022

CompanyRankvs 53226+ SIC 68100 peers
43

Financial strength66th percentile among SIC peers · 17/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

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 31/03/2025

Net Worth

£10k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£195k

Working capital

Current Assets

£13k

Current Liabilities

£209k

Fixed Assets

£476k

2avg. employees

Tax at Year End(2022)

Corp tax£5k
VAT£2k

Director Loans(2022)

Company owes directors£356k

Balance Sheet

Assets less current liabilities£280k
Signed by Mr Seng Fung Kung Mr Ming Yin Tang 19 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.06+£12k
20240.09+£4k
20230.11-£28k
20220.09+£2k£39k
20210.69£39k

Derived from filed accounts. Not audited figures.