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G.N.G. Foam Converters (Lancs) Limited

02208663

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PENNDALE IND ESTATE, LITTLEBOROUGH, OL15 9EG
Incorporated 28/12/1987

Compliance

Last accounts

30/11/2024

unaudited abridged

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

32990
Other manufacturing

Officers

Gillian Estelle Faye Press

secretary · Since 03/05/1991

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Mrs Anne Needham

director · Since 03/05/1991

SECRETARY

BRITISH · ENGLAND · Age 79

Gillian Estelle Faye Press

director · Since 06/04/1995

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Mr Mark Peter Needham

director · Since 06/04/2007

DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Martin Antony Burke

director · Since 01/01/2020

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mrs Anne Needham

50–75% shares

British · England · Age 79

Penndale Ind Estate, Littleborough, OL15 9EG

Notified 08/06/2020

Mr Mark Peter Needham

25–50% shares

British · England · Age 51

Penndale Ind Estate, Littleborough, OL15 9EG

Notified 12/10/2020

Former PSCs

Mr Peter Needham

Ceased 08/06/2020

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 04/09/1990Registered 20/09/1990
charge
outstanding

BARCLAYS BANK PLC

Created 07/07/1990Registered 26/07/1990

CompanyRankvs 174+ SIC 32990 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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174G.N.G. Foam Converters (Lancs) Limited
89
How is this score calculated?
Financial strength24/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2025

Net Worth

£3.9M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Net Current Assets

£3.3M

Working capital

Current Assets

£4.3M

Current Liabilities

£978k

Fixed Assets

£742k

Debtors

£1.5M

62avg. employees-3

Balance Sheet

Assets less current liabilities£4.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.38+£34k
20244.48+£50k
20233.76—

Derived from filed accounts. Not audited figures.