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Garthco Limited

01425470

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 QUEEN SQUARE, LONDON, WC1N 3AR
Incorporated 04/06/1979

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/01/2026

Due 20/01/2027

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Neil Hugh Dermott

director · Since 29/07/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Neils Steels Limited

75–100% shares

B1 Vantage Park, Old Gloucester Road, Hambrook, BS16 1GW

Reg: 04145441 · Uk Compnay Registry · Limited Company

Notified 29/07/2016

CompanyRankvs 2565+ SIC 25110 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2565Garthco Limited
42
How is this score calculated?
Financial strength0/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. 2.2. Going Concern Disclosure No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. The company's

Key FinancialsYear ending 31/03/2025

Net Worth

-£927k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£930k

Working capital

Current Assets

£20k

Current Liabilities

£950k

Fixed Assets

£16k

Debtors

£640

6avg. employees-1

Balance Sheet

Assets less current liabilities-£914k
Signed by Mr N Dermott 23/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£342k
20240.17-£181k
20230.18—

Derived from filed accounts. Not audited figures.