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Glencode Ltd

15179887

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT A, GLENCODE LTD, MILDENHALL, IP28 7DE
Incorporated 02/10/2023

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

58210
Publishing of computer games
62012
Business and domestic software development

Officers

Mr John Robert Clark

director · Since 02/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Persons with Significant Control

Mr John Robert Clark

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 38

Unit A, Glencode Ltd, 82 James Carter Road, Mildenhall, IP28 7DE

Notified 02/10/2023

CompanyRankvs 2198+ SIC 58210 peers
29

Financial strength18th percentile among SIC peers · 5/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity3/15 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 31/10/2024

Net Worth

-£314

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£314

Working capital

Current Assets

£131

Current Liabilities

£445

0avg. employees

Balance Sheet

Assets less current liabilities-£314
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20240.29

Derived from filed accounts. Not audited figures.