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G.G.K. Smith Associates Limited

01275902

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

75 HIGH STREET, BOSTON, PE21 8SX
Incorporated 03/09/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Robert Verne Skinner

secretary · Since 29/06/2011

BRITISH

Mr Craig Spencer Delaney

director · Since 15/04/2024

SOLICITOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

The Estate Of George Gerald Kingsland Smith

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

British · England · Age 96

75, High Street, Boston, PE21 8SX

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 10/11/1999Registered 11/11/1999
charge
outstanding

LLOYDS TSB BANK PLC

Created 10/11/1999Registered 11/11/1999
charge
outstanding

BARCLAYS BANK PLC

Created 20/12/1993Registered 06/01/1994

CompanyRankvs 7721+ SIC 71129 peers
51

Financial strength40th percentile among SIC peers · 10/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 163.99× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees1/15 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 31/03/2025

Net Worth

£1k

Balance sheet strength

Cash

£797k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.5M

Current Liabilities

£9k

Fixed Assets

£6.3M

Debtors

£674k

Profit After Tax

£268k

0avg. employees-1

Director Loans(2023)

Company owes directors£50k

Balance Sheet

Assets less current liabilities£7.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
2025163.99
2024160.12
202318.05

Derived from filed accounts. Not audited figures.