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Glovers Mac Limited

13504138

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

LANGLEY HOUSE, BOREHAMWOOD, WD6 4RT
Incorporated 09/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mrs Clare Jane Mcnamara

director · Since 09/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 4 other boards

Mr Guy Robert Mcnamara

director · Since 09/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Mr Michael Lewis Mcnamara

director · Since 09/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 5 other boards

Mr. Ryan Peter Mcnamara

director · Since 09/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mrs Clare Jane Mcnamara

Significant control

British · United Kingdom · Age 79

Langley House, 53 Theobald Street, Borehamwood, WD6 4RT

Notified 09/07/2021

Mr Michael Lewis Mcnamara

Significant control

British · United Kingdom · Age 74

Langley House, 53 Theobald Street, Borehamwood, WD6 4RT

Notified 09/07/2021

Mr. Ryan Peter Mcnamara

Significant control

British · United Kingdom · Age 45

Langley House, 53 Theobald Street, Borehamwood, WD6 4RT

Notified 09/07/2021

Mr Guy Robert Mcnamara

Significant control

British · United Kingdom · Age 42

Langley House, 53 Theobald Street, Borehamwood, WD6 4RT

Notified 09/07/2021

Charges3 outstanding

Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 01/06/2023Registered 05/06/2023
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 25/02/2023Registered 01/03/2023
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 25/02/2023Registered 01/03/2023

CompanyRankvs 42411+ SIC 41100 peers
37

Financial strength20th percentile among SIC peers · 5/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.86× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 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.

Liquidity20/20 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.

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 30/04/2025

Net Worth

-£2k

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

£5.8M

Working capital

Current Assets

£6.8M

Current Liabilities

£993k

Debtors

£116k

0avg. employees

Balance Sheet

Bank loans & overdrafts£5.8M
Assets less current liabilities£5.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.86+£16k
20244.15+£115k
20232.33

Derived from filed accounts. Not audited figures.