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G T Coatings Limited

00534437

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

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

Charges0 outstanding

charge
satisfied

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LLOYDS BANK PLC

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LLOYDS BANK PLC

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LLOYDS BANK PLC

Created 22/07/1980Registered 24/07/1980Satisfied 26/10/1995
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LLOYDS BANK PLC

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LLOYDS BANK PLC

Created 13/06/1968Registered 04/07/1968Satisfied 17/12/2009

CompanyRankvs 68+ SIC 25610 peers
83

Financial strength85th percentile among SIC peers · 21/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.98× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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68G T Coatings Limited
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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 31/10/2024

Net Worth

£744k

Balance sheet strength

Cash

£690k

Cash in the bank

Net Current Assets

£615k

Working capital

Current Assets

£925k

Current Liabilities

£310k

Fixed Assets

£130k

Debtors

£163k

12avg. employees-1

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities£745k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.98+£4k
20236.24-£27k
20224.72-£13k
20215.96+£47k
20206.72—

Derived from filed accounts. Not audited figures.