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G T Coatings Limited

00534437

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

GT COATINGS NORTHFIELD WAY, NEWTON AYCLIFFE, DL5 6UF
Incorporated 14/06/1954

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

25610
Treatment and coating of metals

Officers

Mr Nicholas Stephen Turnbull

director · Since 01/04/2003

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Nicholas Stephen Turnbull

75–100% shares

British · England · Age 51

Gt Coatings, Northfield Way, Newton Aycliffe, DL5 6UF

Notified 06/04/2016

CompanyRankvs 71+ SIC 25610 peers
83

Financial strength88th percentile among SIC peers · 22/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

£972k

Balance sheet strength

Cash

£824k

Cash in the bank

Net Current Assets

£864k

Working capital

Current Assets

£1.1M

Current Liabilities

£273k

Fixed Assets

£141k

Debtors

£251k

10avg. employees-2

Balance Sheet

Assets less current liabilities£1.0M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.16+£228k
20242.98+£4k
20236.24

Derived from filed accounts. Not audited figures.