GLEN DEVELOPMENT INITIATIVE

Company number NI060479 · Active

GLEN DEVELOPMENT INITIATIVE is a pri/lbg/nsc (private, limited by guarantee, no share capital, use of 'limited' exemption) registered in DERRY, United Kingdom, incorporated on 11 Aug 2006. Its registered activity is other service activities n.e.c.. Its latest published accounts for the period ending 31 Mar 2025 show equity of £22k, total assets of £83k. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent

Lowers the risk

Region0.0×BT · 0.00 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Legal form0.8×PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption) · 0.10 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
NI060479 · official register
Status
Active
Legal form
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Incorporated
11 Aug 2006 (20 years)
Registered address
BT48 0EG DERRY
Postcode area
Northern Ireland
Activity
96090 Other service activities n.e.c.
Industry
Other personal service activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –£22k£83k £61k–12
31 Mar 202415 Dec 2024– –£36k£90k £54k–12
31 Mar 202315 Dec 2023– –£28k£46k £18k–12
31 Mar 202215 Nov 2022– –£10k£34k £23k–12
31 Mar 202115 Dec 2021– –£17k£37k £19k–10
31 Mar 202015 Mar 2021– –£18k£39k £20k–9

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Northern Ireland

Questions about GLEN DEVELOPMENT INITIATIVE

What is the company number of GLEN DEVELOPMENT INITIATIVE?

GLEN DEVELOPMENT INITIATIVE is registered under company number NI060479 in the official register of United Kingdom. View it at the official register.

Is GLEN DEVELOPMENT INITIATIVE still active?

Yes. GLEN DEVELOPMENT INITIATIVE is registered as active (status: Active).

Has GLEN DEVELOPMENT INITIATIVE gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for GLEN DEVELOPMENT INITIATIVE in the official data.

How likely is GLEN DEVELOPMENT INITIATIVE to become insolvent?

Our model estimates a 0.00 % probability that GLEN DEVELOPMENT INITIATIVE becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was GLEN DEVELOPMENT INITIATIVE founded?

GLEN DEVELOPMENT INITIATIVE was incorporated on 11 Aug 2006.

Where is GLEN DEVELOPMENT INITIATIVE registered?

GLEN DEVELOPMENT INITIATIVE's registered address is in BT48 0EG DERRY (Northern Ireland), United Kingdom.

What do the latest accounts of GLEN DEVELOPMENT INITIATIVE show?

The latest published accounts (period ending 31 Mar 2025) show equity of £22k, total assets of £83k, 12 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.