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Gainreward Limited

02592877

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE PINNACLE BUILDING A, MILTON KEYNES, MK9 1FD
Incorporated 19/03/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46770
Wholesale of waste and scrap

Officers

Mr Dan Edward Goodman

director · Since 21/03/1991

SCRAP METAL MERCHANT

BRITISH · UNITED KINGDOM · Age 88

Mr Christopher Goodman

director · Since 07/05/1991

SCRAP METAL MERCHANT

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Robert John Goodman

director · Since 07/05/1991

SCRAP METAL MERCHANT

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mrs Lisa Rothery

director · Since 18/04/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 2 other boards

Mrs Lisa Rothery

secretary · Since 04/12/2014

Also on 2 other boards

Persons with Significant Control

Mr Dan Edward Goodman

25–50% shares
25–50% votes

British · United Kingdom · Age 88

The Pinnacle, Building A, Milton Keynes, MK9 1FD

Notified 24/08/2019

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 20/12/2019Registered 20/12/2019
charge
outstanding

LLOYDS TSB BANK PLC

Created 09/07/2004Registered 14/07/2004
charge
satisfied

LLOYDS BANK PLC

Created 14/03/1997Registered 20/03/1997Satisfied 17/01/2003

CompanyRankvs 26+ SIC 46770 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.99× · 20/20
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 strength24/25 pts

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

Employees14/15 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 31/03/2024

Net Worth

£3.4M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£2.5M

Working capital

Current Assets

£3.1M

Current Liabilities

£618k

Fixed Assets

£1.2M

Debtors

£1.8M

Profit After Tax

-£708

19avg. employees-1

Tax at Year End

Corp tax£73k
Dividends paid-£36k

Director Loans(2023)

Directors owe company£592k

Balance Sheet

Bank loans & overdrafts£12k
Assets less current liabilities£3.6M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20244.99-£708
20234.76+£307k
20223.47+£401k
20214.02+£195k
20205.65-£72k
20194.27

Derived from filed accounts. Not audited figures.