Garnett Wire Limited
02624315
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 16/06/2025
Due 30/06/2026
Industry
Officers
director · Since 23/07/1991
DIRECTOR
BRITISH · UNITED KINGDOM · Age 75
Also on 7 other boards
Persons with Significant Control
Mr Prashant Kunjbihari Trivedi
British · Mauritius · Age 66
4315, Park Approach, Leeds, LS15 8GB
Notified 19/08/2022
Former PSCs
Joseph Sellers & Son Limited
Ceased 19/08/2022
The Indian Card Clothing Company Limited
Ceased 06/04/2016
Charges0 outstanding
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CompanyRankvs 52+ SIC 25930 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
reliance on external sources of finance and that there are no material uncertainties relating to events or conditions which may cast significant doubt over the ability of the company to continue as a going concern. Turnover Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from t
Key FinancialsYear ending 31/03/2022
Net Worth
£582k
Balance sheet strength
Cash
£126k
Cash in the bank
Net Current Assets
£484k
Working capital
Current Assets
£668k
Current Liabilities
£184k
Fixed Assets
£119k
Debtors
£213k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 3.64 |
Derived from filed accounts. Not audited figures.