Glow Heating Services Ltd
12512617
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Jack Mcgovern
British · England · Age 36
The Glow Group, Leafbridge Business Park Unit F3 Freya Court, Lincoln, LN6 9WG
Notified 11/03/2020
Miss Courtney Keyworth
British · England · Age 33
The Glow Group, Leafbridge Business Park Unit F3 Freya Court, Lincoln, LN6 9WG
Notified 01/03/2023
Charges1 outstanding
MERCHANT MONEY SPV C LTD
CompanyRankvs 14189+ SIC 43220 peers51
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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.
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 30/06/2025
Net Worth
£29k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£42k
Working capital
Current Assets
£165k
Current Liabilities
£207k
Fixed Assets
£84k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.80 | +£7k |
| 2024 | 1.34 | +£7k |
| 2023 | 1.12 | — |
Derived from filed accounts. Not audited figures.