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Glt Electrical Wholesalers Ltd

12460970

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 1, 40:40 LINK,, HIGH WYCOMBE, HP12 4AX
Incorporated 13/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Andrew David Grant

secretary · Since 13/02/2020

Also on 3 other boards

Mr Andrew David Grant

director · Since 13/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mr Mark Robert Lawes

director · Since 13/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Jonathan Robert Twelftree

director · Since 13/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Mr Kenneth Hon-Whai Lau

director · Since 02/12/2024

MANAGEMENT ACCOUNTANT

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Andrew David Grant

50–75% shares
50–75% votes

British · United Kingdom · Age 48

Unit 1, 40:40 Link,, Mill End Road,, High Wycombe, HP12 4AX

Notified 13/02/2020

CompanyRankvs 964+ SIC 46690 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.86× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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964Glt Electrical Wholesalers Ltd
72
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£837k

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£4.8M

Current Liabilities

£2.6M

Fixed Assets

£481k

Debtors

£2.6M

35avg. employees+16

Balance Sheet

Intangible assets£129k
Assets less current liabilities£2.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.86+£445k
20232.20+£1.1M
20222.23+£420k
20212.01—

Derived from filed accounts. Not audited figures.