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George Taylor & Co. Lifting Gear (Midlands) Limited

01327793

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4, WALSALL, WS2 7LZ
Incorporated 31/08/1977

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/11/2025

Due 20/11/2026

On track

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Marcus Stephen Curry

director · Since 01/04/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Michael John Ranford

director · Since 01/01/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mrs Sheila Randon

secretary · Since 23/11/2009

Mr Craig William Hollyhead

director · Since 01/05/2016

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Marcus Stephen Curry

Significant control

British · England · Age 54

Unit 4, Fryers Road, Walsall, WS2 7LZ

Notified 23/04/2017

George Taylor & Co. Lifting Gear (Europe) Limited

75–100% shares
75–100% votes

Unit 4, Fryers Road, Walsall, WS2 7LZ

Reg: 01185291 · England And Wales · Limited Company

Notified 27/10/2025

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/06/2007Registered 16/06/2007
charge
satisfied

LLOYDS BANK PLC

Created 04/06/1986Registered 17/06/1986Satisfied 05/09/2007
charge
satisfied

LLOYDS BANK PLC

Created 19/01/1984Registered 27/01/1984Satisfied 05/09/2007
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 18/05/1982Registered 01/06/1982

CompanyRankvs 409+ SIC 46690 peers
60

Financial strength91th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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

Outstanding charges: -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 31/12/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£7.5M

Current Liabilities

£6.2M

Debtors

£2.6M

Cost of Sales

£8.3M

Admin Expenses

£3.1M

Profit After Tax

£1.2M

40avg. employees+2

Tax at Year End

Corp tax£171k
Dividends paid£1.2M

Director Loans(2020)

Company owes directors£15

People Costs

Wages & salaries£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22-£60k
20231.22+£25k
20221.22+£25k
20211.23+£25k
20201.26+£25k
20191.25+£25k
20181.25

Derived from filed accounts. Not audited figures.