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Gluecom Uk Limited

13890315

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SHENSTONE DRIVE, WALSALL, WS9 8TP
Incorporated 03/02/2022

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/02/2026

Due 16/02/2027

On track

Industry

20520
Manufacture of glues

Officers

Mr Xavier Desimpel

director · Since 03/02/2022

INDEPENDENT

BELGIAN · BELGIUM · Age 57

Mr Phillip Denham Lee

director · Since 03/02/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 7 other boards

Persons with Significant Control

Mr Xavier Desimpel

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Belgian · Belgium · Age 57

Shenstone Drive, Walsall, WS9 8TP

Notified 03/02/2022

Mr Louis Piette

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Belgian · Belgium · Age 32

Shenstone Drive, Walsall, WS9 8TP

Notified 03/02/2022

Charges1 outstanding

Charge
outstanding

KBC BANK NV

Created 15/03/2022Registered 22/03/2022

CompanyRankvs 43+ SIC 20520 peers
29

Financial strength95th percentile among SIC peers · 24/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees4/15 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.

Longevity4/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£110k

Annual revenue

Net Worth

£6.5M

Balance sheet strength

Cash

£8k

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

-£958k

Working capital

Current Assets

£62k

Current Liabilities

£1.0M

Fixed Assets

£11.9M

Debtors

£54k

Admin Expenses

£248k

Operating Profit

£76k

Profit After Tax

£1.1M

0avg. employees

Tax at Year End

Corp tax-£199

Balance Sheet

Assets less current liabilities£11.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06+£1.1M
20230.04+£896k
20220.04—

Derived from filed accounts. Not audited figures.