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Gerrards (Precious Metals) Limited

01528315

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

63/66 HATTON GARDEN, EC1N 8LE
Incorporated 14/11/1980

Compliance

Last accounts

28/02/2025

medium

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 29/05/2026

Due 12/06/2027

On track

Industry

46770
Wholesale of waste and scrap

Officers

Lawrence Michael Collins

director · Since 29/05/1992

JEWELLER

BRITISH · UNITED KINGDOM · Age 87

Also on 5 other boards

Mr Sheldon Ross Collins

director · Since 29/05/1992

PRECIOUS METAL TRADER

BRITISH · UNITED KINGDOM · Age 61

Also on 35 other boards

Mr Sheldon Ross Collins

secretary · Since 01/02/1994

BRITISH · UNITED KINGDOM · Age 61

Also on 35 other boards

Mr Jason Scott Collins

director · Since 01/02/1994

PRECIOUS METALS TRADER

BRITISH · UNITED KINGDOM · Age 58

Also on 9 other boards

Persons with Significant Control

The Lawrence Group Limited

75–100% shares
75–100% votes

63-66, Hatton Garden, London, EC1N 8LE

Reg: 01056067 · Companies House Cardiff · Private Limited Company

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 12/02/2009Registered 14/02/2009
charge
outstanding

LLOYDS BANK PLC

Created 03/02/1994Registered 07/02/1994
charge
outstanding

LLOYDS BANK PLC

Created 03/02/1994Registered 07/02/1994
charge
outstanding

LLOYDS BANK PLC

Created 12/12/1986Registered 16/12/1986
charge
satisfied

ARBUTHNOT LATHAM & CO. LIMITED

Created 31/12/1980Registered 13/01/1981

CompanyRankvs 113+ SIC 46770 peers
64

Financial strength98th percentile among SIC peers · 25/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.76× · 16/20
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 strength25/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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 going co

Key FinancialsYear ending 28/02/2025

Turnover

£84.1M

Annual revenue

Net Worth

£5.8M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£1.5M

Bottom line earnings

Net Current Assets

£5.2M

Working capital

Current Assets

£11.9M

Current Liabilities

£6.8M

Fixed Assets

£752k

Debtors

£10.3M

Cost of Sales

£81.2M

Gross Profit

£2.9M

Admin Expenses

£1.6M

Operating Profit

£1.3M

Profit After Tax

£1.3M

8avg. employees

Tax at Year End

Corp tax£172k

People Costs

Wages & salaries£876k
NI contributions£116k

Balance Sheet

Assets less current liabilities£5.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.76+£1.3M
20241.50+£971k
20231.36+£1.1M
20221.20+£674k
20211.12+£504k
20201.06+£462k
20191.02+£121k
20171.02

Derived from filed accounts. Not audited figures.