G.B. Electronics Limited
02674826
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/03/2025
audit exemption subsidiary
Next accounts due
31/12/2026
Confirmation statement
Last: 30/09/2025
Due 14/10/2026
Industry
Officers
secretary · Since 01/11/2023
BRITISH
Also on 176 other boards
director · Since 01/11/2023
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 130 other boards
director · Since 27/05/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 22 other boards
director · Since 27/05/2025
DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 100 other boards
Persons with Significant Control
Gbe Converge Group Limited
Gbec House, 31 Barnett Way, Gloucester, GL4 3RT
Notified 06/04/2016
Charges0 outstanding
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Insolvency History1 case
David J Buchler (practitioner) · Lee Antony Manning (practitioner) · Andrew Gordon Stoneman (practitioner)
CompanyRankvs 187+ SIC 62030 peers62
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the information in
Key FinancialsYear ending 31/12/2018
Turnover
£16.1M
Annual revenue
Net Worth
£1.9M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Profit Before Tax
£221k
Bottom line earnings
Net Current Assets
£1.7M
Working capital
Current Assets
£7.9M
Current Liabilities
£6.2M
Fixed Assets
£169k
Debtors
£6.0M
Cost of Sales
£13.3M
Gross Profit
£2.8M
Admin Expenses
£2.7M
Operating Profit
£228k
Profit After Tax
£291k
Tax at Year End
Director Loans
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2018 | 1.28 |
Derived from filed accounts. Not audited figures.