GLOBAL-365 PLC — The Accounts

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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-06 (in 5mo)

Last made up 2025-09-22

Watchouts

1 item

Cash

£26K

-92.9% lowest in 3 filed years

Net assets

£28K

-82.4% lowest in 3 filed years

Employees

Average over period

Profit before tax

-£129K

-143% lowest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Material uncertainty over going concern

We draw attention to note 13 in the financial statements which details the loan advanced in 2023 for £500,000. This is due for repayment on the earlier of either the settlement of the Litigation or during 2026. The loan together with other matters set out in note 2, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

Net assets

3-year trend · vs Technology median

GLOBAL-365 PLC·Technology median · n=967

Accounts

3-year trend · latest reflected 2024-12-31

Metric	2022-12-31	2023-12-31	2024-12-31
Turnover	—	—	—
Operating profit	-£28,707	-£31,547	-£31,988
Profit before tax	-£29,940	-£53,129	-£129,118
Net profit	-£10,114	-£49,043	-£129,118
Cash	£65,231	£362,996	£25,647
Total assets less current liabilities	£247,719	£696,567	£560,261
Net assets	£205,725	£156,682	£27,564
Equity	£205,725	£156,682	£27,564
Average employees	0	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	2022-12-31	2023-12-31	2024-12-31
Return on capital employed		-11.6%	-4.5%	-5.7%
Interest cover		-23.11x	-1.44x	-0.32x

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: FRS 102
Reporting scope: Standalone (parent only)
Auditor: Xeinadin Audit Limited
Audit opinion: Unqualified (clean)
Going concern: Material uncertainty disclosed
“We draw attention to note 13 in the financial statements which details the loan advanced in 2023 for £500,000. This is due for repayment on the earlier of either the settlement of the Litigation or during 2026. The loan together with other matters set out in note 2, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

GLOBAL-365 PLC · parent
1. Global Prepaid Solutions Ltd 100%
2. Global-365 (Europe) Ltd 100%
3. 7879943 Ltd 100%
4. Global-365 (UK) Ltd 100%
5. Advanced-Metering 100%
6. Meters UK Ltd 100%
7. Global Energy Efficiency Ltd 100%

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 3 resigned

Name	Role	Appointed	Born	Nationality
COX, Neil Derek	Secretary	2014-11-06	—	—
WILSON, William	Director	2014-11-06	Aug 1948	British
DIRECTLOGIC LTD	Corporate Director	2020-10-01	—	—

Show 3 resigned officers

Name	Role	Appointed	Resigned
ATKINSON, Fiona Emily	Director	2014-11-06	2020-02-13
GREATBATCH, Kenneth John	Director	2016-10-14	2020-02-13
SMITH, Stephen Charles Harle	Director	2016-10-14	2020-02-04

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Directlogic Ltd	Corporate entity	Shares 25–50%, Voting 25–50%, Appoints directors	2016-06-30	Active

Filing timeline

Last 20 of 40 total filings

Date	Type	Category	Description
2025-10-03	CS01	confirmation-statement	Confirmation statement with updates	PDF
2025-06-26	AA	accounts	Accounts with accounts type full	PDF
2024-10-23	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-06-26	AA	accounts	Accounts with accounts type full	PDF
2024-01-02	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-09-30	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-08-19	CH01	officers	Change person director company with change date	PDF
2023-07-07	AA	accounts	Accounts with accounts type group
2022-10-01	CS01	confirmation-statement	Confirmation statement with updates	PDF
2022-07-01	AA	accounts	Accounts with accounts type group
2021-10-06	CS01	confirmation-statement	Confirmation statement with updates	PDF
2021-07-05	AA	accounts	Accounts with accounts type group
2020-10-01	AP02	officers	Appoint corporate director company with name date	PDF
2020-09-22	CS01	confirmation-statement	Confirmation statement with updates	PDF
2020-09-21	SH08	capital	Capital name of class of shares
2020-09-11	CS01	confirmation-statement	Confirmation statement with updates	PDF
2020-09-10	SH08	capital	Capital name of class of shares
2020-07-03	AA	accounts	Accounts with accounts type group
2020-07-02	CS01	confirmation-statement	Confirmation statement with updates	PDF
2020-02-14	TM01	officers	Termination director company with name termination date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

—

Not reported
Cash

-92.9%

£362,996 £25,647

lowest in 3 filed years
Net assets

-82.4%

£156,682 £27,564

lowest in 3 filed years
Employees

—

Not reported
Operating profit

-1.4%

-£31,547 -£31,988

lowest in 3 filed years
Profit before tax

-143%

-£53,129 -£129,118

lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page