# GLM ELECTRICS LIMITED (12447032)

> GLM ELECTRICS LIMITED is an active (proposal to strike off) private limited company (company number 12447032) incorporated on 6 February 2020, registered in Peterlee. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 28 February 2025, showing net assets of £7,230 and cash of £45, with 1 employee on average. Net assets rose 94% on the prior period (£3,720).

- Status: Active - Proposal to Strike off
- Incorporated: 2020-02-06
- Registered office: Peterlee, SR8 2NG
- SIC 43210: Electrical installation
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-20
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 700 comparable companies in Newcastle (median £6,181, upper quartile £39k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £7,230 | £45 | £14k | £8,961 | — | — | 1 |
| 2024-02-29 | £3,720 | £758 | £8,604 | £8,757 | — | — | 3 |

current ratio 1.54; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £7,230 at 28 February 2025
- Net assets up 10% or more on the prior period: +94.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.54
- Incorporated five or more years ago: Incorporated 6 February 2020
- Register status is not Active: Active - Proposal to Strike off

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Gavin Anthony Martin — owns 75–100% of shares; holds 75–100% of voting rights, since 2020-02-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12447032
HTML: https://firmoscan.com/company/12447032-glm-electrics-limited