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Glengate Limited

13662021

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

11 BULLHEAD ROAD, BOREHAMWOOD, WD6 1HW
Incorporated 05/10/2021

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

55209
Other holiday and short-stay accommodation
68209
Other letting and operating of own or leased real estate

Officers

Mrs Carmel Margretta Codd

director · Since 05/10/2021

DIRECTOR

NORTHERN IRISH · ENGLAND · Age 51

Mr David John Codd

director · Since 05/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mrs Carmel Margretta Codd

25–50% shares
25–50% votes

Northern Irish · England · Age 51

11, Bullhead Road, Borehamwood, WD6 1HW

Notified 05/10/2021

Mr David John Codd

25–50% shares
25–50% votes

British · England · Age 59

11, Bullhead Road, Borehamwood, WD6 1HW

Notified 05/10/2021

Charges1 outstanding

Charge
outstanding

CUMBERLAND BUILDING SOCIETY

Created 04/11/2022Registered 09/11/2022

CompanyRankvs 8808+ SIC 55209 peers
17

Financial strength12th percentile among SIC peers · 3/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength3/25 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.

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 31/10/2025

Net Worth

-£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£5k

Current Liabilities

£342k

Fixed Assets

£311k

0avg. employees

Balance Sheet

Assets less current liabilities£316k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£16k
20240.04-£1k
20230.03

Derived from filed accounts. Not audited figures.