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Gsm Printer & Label Systems Limited

02781052

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

CASTLEGARTH WORKS, THIRSK, YO7 1PS
Incorporated 19/01/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mrs Gillian Gitsham

secretary · Since 02/07/2018

Also on 8 other boards

Mrs Gillian Gitsham

director · Since 02/07/2018

COMPANY SECRETARY

BRITISH · ENGLAND · Age 54

Also on 8 other boards

Mr Paul Cornelius Wright

director · Since 02/07/2018

ENGINEER

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Gsm Consolidated Limited

75–100% shares
75–100% votes

Castlegarth Works, Masonic Lane, Thirsk, YO7 1PS

Notified 16/01/2026

Former PSCs

Mr Barry John Dodd

Ceased 30/05/2018

Mrs Frances Dodd

Ceased 16/01/2026

Mr Paul Cornelius Wright

Ceased 16/01/2026

Charges0 outstanding

charge
satisfied

GSM GROUP LIMITED

Created 10/09/2003Registered 18/09/2003Satisfied 15/09/2020

CompanyRankvs 13089+ SIC 62012 peers
59

Financial strength37th percentile among SIC peers · 9/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.64× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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13089Gsm Printer & Label Systems Limited
65
How is this score calculated?
Financial strength9/25 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.

Liquidity16/20 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

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

Going Concern Doubt

financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. The directors assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the group and the company to continue a

Key FinancialsYear ending 31/05/2025

Net Worth

£100

Balance sheet strength

Cash

£364k

Cash in the bank

Net Current Assets

£291k

Working capital

Current Assets

£747k

Current Liabilities

£456k

Fixed Assets

£3k

Debtors

£381k

11avg. employees-2

Tax at Year End(2018)

Corp tax£44k

Balance Sheet

Assets less current liabilities£294k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.64—
20242.33-£87k
20232.13—
20182.17—

Derived from filed accounts. Not audited figures.