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Garnead Limited

02718982

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE PLANT YARD WALTON ROAD, PORTSMOUTH, PO6 1UJ
Incorporated 01/06/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Michael Aylwin Burras

director · Since 01/06/1993

CIVIL ENGINEER

BRITISH · UNITED KINGDOM · Age 72

Also on 4 other boards

Mrs Stella Jane Burras

secretary · Since 15/07/2019

Persons with Significant Control

Mr Michael Aylwin Burras

75–100% shares
75–100% votes

British · United Kingdom · Age 72

The Plant Yard, Walton Road, Portsmouth, PO6 1UJ

Notified 22/05/2017

Charges0 outstanding

charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 21/07/2004Registered 27/07/2004Satisfied 22/08/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 30/06/2004Registered 10/07/2004Satisfied 22/08/2008
charge
satisfied

BARCLAYS BANK PLC

Created 04/01/2000Registered 13/01/2000Satisfied 14/06/2004

CompanyRankvs 1781+ SIC 43999 peers
84

Financial strength99th percentile among SIC peers · 25/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 18.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

£6.2M

Balance sheet strength

Cash

£3.7M

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£4.0M

Current Liabilities

£220k

Fixed Assets

£2.8M

Debtors

£145k

2avg. employees

Balance Sheet

Assets less current liabilities£6.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202518.06+£237k
20247.58+£245k
202387.35+£245k
202228.40+£101k
202118.01+£169k
202081.39+£401k
201912.77

Derived from filed accounts. Not audited figures.