Gibbs & Lugg Limited
00763734
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/06/2025
unaudited abridged
Next accounts due
31/03/2027
Confirmation statement
Last: 20/08/2025
Due 03/09/2026
Industry
Officers
director · Since 11/03/1996
BUILDER
BRITISH · ENGLAND · Age 58
Also on 2 other boards
director · Since 08/05/2001
BUILDER
BRITISH · ENGLAND · Age 54
Also on 5 other boards
secretary · Since 01/06/2004
BRITISH · ENGLAND · Age 54
Also on 5 other boards
director · Since 28/10/2005
QUANTITY SURVEYOR
BRITISH · ENGLAND · Age 52
Also on 1 other board
director · Since 21/03/2025
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 30
Also on 1 other board
Persons with Significant Control
Gibbs & Lugg Holdings Limited
The Workshop, Victoria Park Road, Torquay, TQ1 3QH
Reg: 08167354 · England/Wales · Holding Company
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 1465+ SIC 41201 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. GOING CONCERN These financial statements have been prepared on the going concern basis. The directors have assessed the entity's ability to continue as a going concern and there is no doubt regarding
Key FinancialsYear ending 30/06/2025
Net Worth
£350k
Balance sheet strength
Cash
£445k
Cash in the bank
Net Current Assets
£284k
Working capital
Current Assets
£1.1M
Current Liabilities
£845k
Fixed Assets
£88k
Debtors
£681k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.34 | +£0 |
| 2025 | 1.34 | +£7k |
| 2024 | 1.50 | +£6k |
| 2023 | 1.42 | — |
Derived from filed accounts. Not audited figures.