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Glax Ltd

13494111

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

AMBERLEY WORKS, ARMLEY, LS12 4HP
Incorporated 05/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Baljeet Kaur Panesar

director · Since 05/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Mr Jagdeep Singh Panesar

director · Since 05/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Jagdeep Singh Panesar

25–50% shares
25–50% votes

British · England · Age 45

3, Swallow View, Leeds, LS12 3LX

Notified 05/07/2021

CompanyRankvs 65922+ SIC 68209 peers
61

Financial strength69th percentile among SIC peers · 17/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

Liquidity12/20 pts

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

Longevity5/15 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 31/07/2025

Net Worth

£33k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£32k

Current Liabilities

£28k

Fixed Assets

£379k

2avg. employees

Balance Sheet

Assets less current liabilities£383k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.12+£21k
20240.60+£10k
20230.12—

Derived from filed accounts. Not audited figures.