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Global Trance Ltd

12446213

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

LYNTON HOUSE, LONDON, WC1H 9BQ
Incorporated 06/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mr Alex Donald

director · Since 06/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Persons with Significant Control

Mr Alex Donald

75–100% shares

British · United Kingdom · Age 38

Lynton House, 7-12 Tavistock Square, London, WC1H 9BQ

Notified 06/02/2020

CompanyRankvs 13836+ SIC 56210 peers
22

Financial strength27th percentile among SIC peers · 7/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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13836Global Trance Ltd
32
How is this score calculated?
Financial strength7/25 pts

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

Employees2/15 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.

Longevity6/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other

Key FinancialsYear ending 28/02/2025

Net Worth

£1

Balance sheet strength

Cash

£13

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£39k

Current Liabilities

£109k

Debtors

£39k

0avg. employees

Tax at Year End(2023)

Corp tax£614
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.36—
20250.36—
20240.19—
20230.56-£21k
20221.12—

Derived from filed accounts. Not audited figures.