C J GLENNON LTD
Executive Summary
C J GLENNON LTD is a newly formed, micro-sized private limited company operating in electrical installation with a strong initial balance sheet position and good compliance. While the company currently shows low financial risk, limited operating history and the structure of long-term liabilities warrant ongoing monitoring. Further insight into the company's operational model and creditor arrangements will enhance risk assessment.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
C J GLENNON LTD - Analysis Report
Risk Rating: LOW
The company is newly incorporated and classified as a micro-entity with modest financial figures. It shows positive net assets and no overdue filings. The absence of employees and limited liabilities suggest minimal operational complexity and financial risk at this stage.Key Concerns:
- Limited operating history: Incorporated May 2023 with first accounts to August 2024; lack of historical data limits trend analysis.
- No employees reported: Raises questions about operational capacity and reliance on director or contractors.
- Long-term creditors: £20,095 falling after more than one year; need to understand nature and terms of this debt.
- Positive Indicators:
- Positive net assets (£26,023) indicating solvency at balance sheet date.
- Net current assets of £12,634 suggest liquidity sufficient to cover short-term liabilities.
- No overdue accounts or confirmation statements, indicating good compliance with filing requirements.
- Single director and 100% ownership by Mr. Charles Glennon, which may streamline decision-making and accountability.
- Due Diligence Notes:
- Review details of long-term creditors to assess repayment obligations and financial commitments.
- Clarify business model and revenue generation given no employees and small asset base.
- Monitor future filings for revenue growth, profitability, and working capital trends as company develops.
- Confirm absence of director disqualifications or governance issues beyond available data.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company