{"name":"GLOBAL LOCKING SYSTEMS LIMITED","company_number":"02973718","status":"Active","type":"Private Limited Company","incorporated":"1994-10-05","dissolved":null,"registered_office":"70 Morgan Close Ashmore Lake, Willenhall, West Midlands, WV12 4LH","postcode":"WV12 4LH","sic_codes":[{"code":25720,"description":"Manufacture of locks and hinges"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":8,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":55643,"cash":8627,"average_employees":8},{"financial_date":"2024-12-31","net_assets":56145,"cash":5200,"average_employees":8},{"financial_date":"2023-12-31","net_assets":55723,"cash":7593},{"financial_date":"2022-12-31","net_assets":55599,"cash":6562},{"financial_date":"2021-12-31","net_assets":55725,"cash":4626}],"officers":{"current":5,"resigned":5,"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":3,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Global Locking Systems Limited is a small, 30-year-old lock and hinge manufacturer based in Willenhall — the historic heart of the UK lock industry — operating as an 8-employee micro-enterprise with £224k in total assets and a threadbare £55k net asset base, of which £55k is share capital and retained earnings are negligible. The company's flatlining net assets, declining tangible fixed asset base, and absence of any visible pivot to smart or electronic locking technologies suggest a defensive, distribution-heavy operating model that is structurally exposed to the sector's technology migration, raw material volatility, and consolidation pressure. While debt-free and operationally stable in the short term, its competitive positioning is that of a traditional niche specialist with limited capacity to invest, scale, or adapt to the industry-wide shift toward digital access solutions.","website":"http://www.global-locking.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/global-locking-systems","people":"https://www.companiesintheuk.co.uk/company/global-locking-systems/people","filing_history":"https://www.companiesintheuk.co.uk/company/global-locking-systems/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02973718","financials":"https://www.companiesintheuk.co.uk/company/global-locking-systems/financial","control":"https://www.companiesintheuk.co.uk/company/global-locking-systems/control","charges":"https://www.companiesintheuk.co.uk/company/global-locking-systems/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/global-locking-systems/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/global-locking-systems"}