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Getech Limited

02436537

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SOLUTIONS CENTRE, IPSWICH, IP1 4JQ
Incorporated 26/10/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46510
Wholesale of computers, computer peripheral equipment and software
61100
Wired telecommunications activities
62020
Information technology consultancy activities
95110
Repair of computers and peripheral equipment

Officers

Mr Guy Francis Watts

director · Since 02/03/1992

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mrs Sharon Ann Lough

secretary · Since 30/07/2001

BRITISH · ENGLAND · Age 63

Also on 11 other boards

Mr Robert Earl Baker

director · Since 17/10/2001

IT DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Mrs Sharon Ann Lough

director · Since 19/07/2006

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 64

Also on 11 other boards

Mr Richard Maclean

director · Since 09/01/2023

NEW BUSINESS

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Ip Telecom Limited

75–100% shares

Solutions Centre, Knightsdale Road, Ipswich, IP1 4JQ

Reg: 03968109 · England And Wales · Limited Company

Notified 30/06/2016

Charges2 outstanding

charge
satisfied

CHRISTINA PENELOPE BLOCKLEY

Created 09/11/2012Registered 14/11/2012Satisfied 24/12/2014
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 08/11/2012Registered 10/11/2012
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 23/07/2001Registered 27/07/2001Satisfied 07/10/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/06/2001Registered 23/06/2001
charge
satisfied

GETRONICS INTERNATIONAL BV

Created 14/06/2001Registered 21/06/2001Satisfied 13/06/2003
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/05/1992Registered 29/05/1992Satisfied 21/01/1995
charge
satisfied

ALEX. LAWRIE RECEIVABLES FINANCING LIMITED

Created 02/09/1991Registered 05/09/1991Satisfied 21/01/1995

CompanyRankvs 105+ SIC 46510 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.05× · 20/20
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.

Employees7/15 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

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 31/12/2025

Net Worth

£5.4M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£5.5M

Working capital

Current Assets

£10.7M

Current Liabilities

£5.2M

Fixed Assets

£61k

Debtors

£7.5M

Cost of Sales

£46.6M

Admin Expenses

£1.7M

Profit After Tax

£912k

1avg. employees-80

Tax at Year End

Corp tax£225k
Dividends paid£1.5M

People Costs

Wages & salaries£3.6M

Balance Sheet

Assets less current liabilities£5.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.05-£212k
20242.13-£341k
20232.82-£480k
20222.26-£894k
20212.40+£521k
20201.87+£719k
20193.02

Derived from filed accounts. Not audited figures.