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General Lift Company Limited(The)

02016081

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 5 THE PADDOCKS, WOOD STREET, SWANLEY VILLAGE, SWANLEY VILLAGE, BR8 7PA
Incorporated 01/05/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Derek Arthur Powis

director · Since 25/07/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 5 other boards

Mrs Julie Lorraine Bennett

secretary · Since 04/09/2017

Persons with Significant Control

Mr Derek Arthur Powis

75–100% shares

British · England · Age 73

Unit 5 The Paddocks, Wood Street, Swanley Village, Wood Street, Swanley Village, BR8 7PA

Notified 01/05/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/06/1996Registered 28/06/1996

CompanyRankvs 228+ SIC 28220 peers
64

Financial strength69th percentile among SIC peers · 17/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.68× · 16/20
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 strength17/25 pts

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

Employees11/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£429k

Balance sheet strength

Cash

£122k

Cash in the bank

Net Current Assets

£438k

Working capital

Current Assets

£1.1M

Current Liabilities

£640k

Fixed Assets

£4k

Debtors

£823k

11avg. employees-1

Tax at Year End

Corp tax£48k

Balance Sheet

Assets less current liabilities£442k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.68+£139k
20231.57+£12k
20221.96-£105k
20212.45

Derived from filed accounts. Not audited figures.