GLORY GLOBAL SOLUTIONS (MIDCO) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-05-01
Overdue
Watchouts
Cash
—
Latest balance sheet
Net assets
£534M
+36.3% vs 2024
Employees
0
Average over period
Profit before tax
£0
Period ending 2025-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-01.
-
Material uncertainty over going concern
Management plans to voluntarily liquidate the Company in the next 12 months as part of a UK Scheme Merger. The merger is to be undertaken by the Group to eliminate non-essential holding companies... Therefore, the financial statements of the Company for the year ended 31 March, 2025 have been prepared on the basis other than a going concern.
Name history
Renamed 3 times since incorporation
- GLORY GLOBAL SOLUTIONS (MIDCO) LIMITED 2013-04-02 → present
- TALARIS MIDCO LIMITED 2008-07-24 → 2013-04-02
- DARWIN MIDCO LIMITED 2008-06-06 → 2008-07-24
- BUNGAYDALE LIMITED 2008-04-17 → 2008-06-06
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | £0 | £0 | |
| Net profit | £0 | £0 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £391,710,156 | £533,963,677 | |
| Equity | £391,710,156 | £533,963,677 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 1.2% | 0.0% | |
| Current ratio | — | 33.00x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Management plans to voluntarily liquidate the Company in the next 12 months as part of a UK Scheme Merger. The merger is to be undertaken by the Group to eliminate non-essential holding companies... Therefore, the financial statements of the Company for the year ended 31 March, 2025 have been prepared on the basis other than a going concern.”
Group structure
- GLORY GLOBAL SOLUTIONS (MIDCO) LIMITED · parent
- Glory Global Solutions (Holdings) Limited 99.99%
- Glory Global Solutions (Australia) Pty Ltd 100%
- Glory Global Solutions (Austria) GmbH 100%
- Acrelec Group BVBA 80%
- Glory Global Solutions (Belgium) NV / SA 100%
- Acrelec Brasil distribuiçao Ltda 80%
- Glory Global Solutions (Brasil) Máquinas e Equipamentos Ltda 100%
- Glory Global Solutions (Canada) Inc 100%
- Flooid Canada Holdings Inc 100%
- Acrelec Jiashan Electronic Technology Company Ltd 80%
- Acrelec Shanghai Trading Co Ltd 80%
- Glory Global Solutions (Colombia) SA 100%
- GGS (Cyprus) Limited 100%
- Acrelec ApS 80%
- Flooid Topco Limited 100%
- Flooid Midco Limited 100%
- Flooid Finco Limited 100%
- Flooid Bidco Limited 100%
- Flooid International Holding Limited 100%
- Flooid Holdings (International) Limited 100%
- Flooid Holdings Limited 100%
- Flooid Limited 100%
- The PCMS Group Limited 100%
- Glory Global Solutions (International) Limited 100%
- Talaris Holdings (Brazil) Ltd 100%
- Acrelec International Development Limited 80%
- Acrelec UK Limited 80%
- Odema Limited 80%
- Acrelec Finland Oy 80%
- Acrelec Group S.A.S 80%
- Acrelec Manufacturing S.A.S 80%
- Acrelec S.A.S 80%
- Glory Global Solutions (France) SAS 100%
- OPS International S.A.S 80%
- Acrelec GmbH 80%
- Glory Global Solutions (Germany) GmbH 100%
- Acrelec Asia Ltd 80%
- Glory Global Solutions (Hong Kong) Ltd. 100%
- Glory Global Solutions (South Asia) Private Limited 100%
- Glory Global Solutions (Ireland) Ltd 100%
- Acrelec Italia SRL 80%
- Acrelec Japan LLC 80%
- Kepler P.O.S. SA 80%
- Glory Global Solutions (Malaysia) Sdn. Bhd. 100%
- Grupo Sortek S.A. de C.V. 100%
- Acrelec Group BV 80%
- Glory Global Solutions (Netherlands) B.V. 100%
- Glory Global Solutions (New Zealand) Limited 100%
- Glory Global Solutions (Portugal) S.A. 100%
- Glory Global Solutions (Poland) Sp. z o.o. 100%
- Acrelec Software Srl 80%
- Glory Global Solutions RUS Limited Liability Company 100%
- Glory Service RUS Limited Liability Company 25%
- Acrelec Asia Ltd Singapore Branch 80%
- Glory Global Solutions (Singapore) PTE Ltd. 100%
- Acrelec Informatica Group 80%
- Glory Global Solutions (Spain) SA 100%
- Acrelec Sweden AB 80%
- Glory Global Solutions (Sweden) AB 100%
- Glory Global Solutions (Flen) AB 100%
- Glory Global Solutions (Switzerland) A.G. 100%
- Glory Global Solutions Nakit Otomasyon Teknolojileri Limited Şirketi 100%
Significant events
- “As explained in the Going Concern section in note 2, the Company is expected to be voluntarily liquidated in the next 12 months as part of UK Merger Scheme. As the plan was in progress at the reporting date, it is considered an adjusting event. Only impact of the Merger Scheme on the Company's financial statements for the year ended 31 March 2025 is the reclassification of the long-term loans due from group undertakings from non-current assets to the current assets, reflecting its expected settlement within twelve months. There are no other events after the balance sheet date to report.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROSE, Martin | Secretary | 2013-12-13 | — | — |
| FUJITA, Tomoko | Director | 2018-04-01 | Sep 1962 | Japanese |
| ROSE, Martin | Director | 2013-12-13 | Nov 1975 | British |
| WILLIAMS, Michael Jeffery | Director | 2014-05-23 | Mar 1969 | British |
| YOSHINARI, Toshimitsu | Director | 2024-04-01 | Dec 1974 | Japanese |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CUST, Gary William | Secretary | 2008-09-01 | 2013-12-13 |
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Secretary | 2008-04-17 | 2008-06-04 |
| ADAMS, Paul | Director | 2012-07-10 | 2016-03-31 |
| BIELAMOWICZ, Michael | Director | 2016-04-01 | 2020-03-31 |
| BURGESS, Andrew Richard | Director | 2008-06-04 | 2012-07-10 |
| CUST, Gary William | Director | 2010-03-31 | 2013-12-13 |
| GRAHAM, Tracey | Director | 2008-09-01 | 2010-03-31 |
| HARADA, Akihiro | Director | 2012-07-10 | 2024-03-31 |
| ISHIDA, Masato | Director | 2015-04-01 | 2018-03-31 |
| LEVY, Adrian Joseph Morris | Director | 2008-04-17 | 2008-06-04 |
| PUDGE, David John | Director | 2008-04-17 | 2008-06-04 |
| ROBINSON, Timothy Michael | Director | 2010-09-06 | 2013-04-03 |
| ROBSON, Fraser Scott | Director | 2010-06-23 | 2012-07-10 |
| STEEL, Charles Richard Arklay | Director | 2008-06-04 | 2010-06-23 |
| WILSON, Mike | Director | 2008-09-01 | 2014-03-25 |
| YOSHIOKA, Tetsu | Director | 2012-07-10 | 2015-04-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | OC | miscellaneous | Court order | |
| 2025-10-09 | AA | accounts | Accounts with accounts type full | |
| 2025-10-06 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-10-03 | SH01 | capital | Capital allotment shares | |
| 2025-07-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-09 | AA | accounts | Accounts with accounts type full | |
| 2024-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-11 | AA | accounts | Accounts with accounts type full | |
| 2023-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-04 | AA | accounts | Accounts with accounts type full | |
| 2022-04-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-04-06 | SH01 | capital | Capital allotment shares | |
| 2021-12-14 | AA | accounts | Accounts with accounts type full | |
| 2021-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-10 | AA | accounts | Accounts with accounts type full | |
| 2020-04-20 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
+36.3%
£391,710,156 £533,963,677
-
Employees
—
Not reported
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers