{"name":"GLENERROL LIMITED","company_number":"SC223952","status":"Active","type":"Private Limited Company","incorporated":"2001-10-04","dissolved":null,"registered_office":"19 Royal Exchange Square, Glasgow, Scotland, G1 3AJ","postcode":"G1 3AJ","sic_codes":[{"code":56301,"description":"Licenced clubs"}],"principal_activity":"The principle activity of the Compay in the year under review is that of a multiple venue leisure operator.","previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 October","last_made_up_to":"2025-12-21","next_due":"2027-07-31"},"employees":{"count":8,"accounts_date":"2025-12-21"},"financials":[{"financial_date":"2025-12-21","net_assets":-3194090,"cash":51915,"average_employees":8},{"financial_date":"2024-12-31","net_assets":-3292869,"cash":9467,"average_employees":8},{"financial_date":"2023-12-31","net_assets":-3341205,"cash":32063,"average_employees":6},{"financial_date":"2020-12-31","net_assets":-4254370,"cash":67396},{"financial_date":"2019-12-31","net_assets":-2844504,"cash":224410}],"officers":{"current":2,"resigned":9,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":11,"outstanding":11},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Glenerrol Limited is balance-sheet insolvent, with net liabilities of £3.19m, a current ratio of 0.20, and cash of just £51,915 against £11.94m of creditors due within one year — a chronically weak financial position that is currently survivable only because of support from its parent, Lynnet Leisure (Properties) Limited. The trend is slowly improving, with net liabilities narrowing by roughly £1.06m since 2020 and a substantial £6.32m investment property providing latent asset backing. The company earns a grade of D− (poor, high risk); the priority actions are to formalise group support in writing, restructure the short-term liability cliff into long-term or equity funding, and build a genuine cash buffer.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/glenerrol","people":"https://www.companiesintheuk.co.uk/company/glenerrol/people","filing_history":"https://www.companiesintheuk.co.uk/company/glenerrol/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC223952","financials":"https://www.companiesintheuk.co.uk/company/glenerrol/financial","control":"https://www.companiesintheuk.co.uk/company/glenerrol/control","charges":"https://www.companiesintheuk.co.uk/company/glenerrol/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/glenerrol/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/glenerrol"}