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Gresham Office Furniture Limited

01284733

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

PLATINUM PARK, BOLTON, BL6 4SA
Incorporated 03/11/1976

Compliance

Last accounts

31/10/2024

full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 18/05/2025

Due 01/06/2026

On track

Industry

31010
Manufacture of office and shop furniture

Officers

Craig Robert Turley

secretary · Since 28/10/2010

British

Julian David Roebuck

director · Since 06/02/2006

British

Richard Roebuck

director · Since 01/05/2014

British

Craig Robert Turley

director · Since 01/05/2011

British

Former

Gwyneth Margaret Livesey

secretary · Resigned 12/03/2004

Robert Turley

secretary · Resigned 27/10/2010

Kenneth Arnold

director · Resigned 01/04/1998

Anthony Gordon Baines

director · Resigned 11/11/2015

Barry Bertrand Bennett

director · Resigned 08/04/2002

Margaret Ann Bennett

director · Resigned 29/03/1999

Steven Frank Greenwood

director · Resigned 21/12/2011

Stewart Marshall

director · Resigned 30/06/2014

Geoffrey Seddon

director · Resigned 30/09/2004

Thomas Edward Walden Smith

director · Resigned 22/08/2008

Robert Turley

director · Resigned 27/10/2010

CompanyRankvs 105+ SIC 31010 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.89× · 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.

Employees15/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/10/2024

Net Worth

£15.8M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£1.5M

Bottom line earnings

Net Current Assets

£13.3M

Working capital

Current Assets

£20.4M

Current Liabilities

£7.1M

Fixed Assets

£3.5M

Debtors

£17.3M

Cost of Sales

£19.2M

Admin Expenses

£10.6M

Profit After Tax

£1.1M

201avg. employees-17

Tax at Year End

Corp tax£80k
Dividends paid£1.2M

People Costs

Wages & salaries£7.3M

Balance Sheet

Bank loans & overdrafts£1.6M
Assets less current liabilities£16.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.89-£122k
20233.23

Derived from filed accounts. Not audited figures.