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Garmet Limited

01082448

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ST.HELEN'S WAY, NORFOLK, IP24 1HG
Incorporated 17/11/1972

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Gary Edward Dixon

director · Since 11/08/2004

PRODUCTION ENGINEER

BRITISH · ENGLAND · Age 52

Also on 7 other boards

Gary Edward Dixon

secretary · Since 06/10/2004

BRITISH · Age 52

Also on 3 other boards

Mr Jolyon Michael Goodman

director · Since 25/11/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Persons with Significant Control

Garmet Holdings Limited

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

St Helens Way, Thetford, IP24 1HG

Reg: 04305314 · England & Wales · Limited Company

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 28/02/2013Registered 02/03/2013
charge
outstanding

BRECKLAND DISTRICT COUNCIL

Created 16/07/2012Registered 27/07/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/01/2010Registered 28/01/2010
charge
satisfied

BARCLAYS BANK PLC

Created 13/11/2002Registered 25/11/2002Satisfied 16/06/2010
charge
satisfied

LLOYDS BANK PLC

Created 31/01/1990Registered 14/02/1990Satisfied 28/11/2002
charge
satisfied

LLOYDS BANK PLC

Created 30/03/1989Registered 03/04/1989Satisfied 26/11/2002

CompanyRankvs 331+ SIC 25990 peers
76

Financial strength89th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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331Garmet Limited
86
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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£490k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.7M

Current Liabilities

£717k

Fixed Assets

£266k

Debtors

£1.2M

47avg. employees+3

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.44+£14k
20242.31+£3k
20232.41+£37k
20222.14+£91k
20211.88+£140k
20201.94+£161k
20191.78+£148k
20171.78—

Derived from filed accounts. Not audited figures.