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Gleason Cutting Tools Limited

00623520

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 MARTINDALE ROAD, COVENTRY, CV7 9ET
Incorporated 18/03/1959

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33120
Repair of machinery

Officers

Mr Douglas James Malone

director · Since 17/09/2018

BUSINESS EXECUTIVE

AMERICAN · UNITED STATES · Age 61

Also on 3 other boards

Udo Werner Stolz

director · Since 07/06/2021

BUSINESS EXECUTIVE

GERMAN · GERMANY · Age 65

Also on 1 other board

Thomas Holt Montgomery

director · Since 19/03/2025

GENERAL COUNSEL

AMERICAN · UNITED STATES · Age 46

Also on 2 other boards

Persons with Significant Control

Gleason Holdings (Uk) Limited

75–100% shares
75–100% votes
Appoint directors

1, Martindale Road, Coventry, CV7 9ET

Reg: 02985193 · United Kingdom, England & Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

SOUTH WEST OF ENGLAND REGIONAL DEVELOPMENT AGENCY

Created 31/01/2006Registered 21/02/2006Satisfied 03/08/2011

CompanyRankvs 28+ SIC 33120 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.08× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

of the underlying business, the company's balance sheet and the support of its ultimate parent company, the directors have no uncertainty about the entity's ability to continue as a going concern. Medium-sized companies exemption This report has been prepared in accordance with the provisions applicable to companies entitled to the medium-sized companies exemption. On beha

Key FinancialsYear ending 31/12/2024

Net Worth

£4.4M

Balance sheet strength

Cash

£151k

Cash in the bank

Profit Before Tax

-£15k

Bottom line earnings

Net Current Assets

£527k

Working capital

Current Assets

£1.0M

Current Liabilities

£486k

Fixed Assets

£23k

Debtors

£857k

Profit After Tax

-£15k

15avg. employees

People Costs

Wages & salaries£727k

Balance Sheet

Assets less current liabilities£550k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.08

Derived from filed accounts. Not audited figures.