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L M R Gear Tech Limited

02995696

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BUILDING 1063 CORNFORTH DRIVE, SITTINGBOURNE, ME9 8PX
Incorporated 28/11/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28150
Manufacture of bearings, gears, gearing and driving elements

Officers

Mrs Lyn Marie Rungay

director · Since 28/11/1994

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 1 other board

Mr David Andrew Rungay

director · Since 01/01/1998

DIRECTOR

BRITISH · ENGLAND · Age 80

Mr Michael Andrew Podger

director · Since 01/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mrs Lyn Marie Rungay

secretary · Since 06/07/2020

Also on 1 other board

Mr Nicholas George Bridges

director · Since 01/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Lmr Group Holdings Ltd

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-trust
Appoint directors

Building 1063, Cornforth Drive, Sittingbourne, ME9 8PX

Reg: 15582649 · Companies House · Limited Company

Notified 25/07/2024

Former PSCs

Mr David Andrew Rungay

Ceased 25/07/2024

Mrs Lyn Marie Rungay

Ceased 25/07/2024

Charges1 outstanding

Charge
satisfied

THE KENT COUNTY COUNCIL

Created 11/12/2013Registered 12/12/2013Satisfied 10/06/2025
charge
outstanding

MIDLAND BANK PLC

Created 13/08/1997Registered 19/08/1997

CompanyRankvs 85+ SIC 28150 peers
57

Financial strength70th percentile among SIC peers · 18/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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89
6W M H Transmissions Limited
88
7Hpc Gears Limited
88
8Facade Hoists International Limited
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9L C & M Limited
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10Kent Performance Cams Limited
87
85L M R Gear Tech Limited
63
How is this score calculated?
Financial strength18/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2024

Net Worth

£247k

Balance sheet strength

Cash

£150k

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£334k

Current Liabilities

£401k

Fixed Assets

£538k

Debtors

£174k

12avg. employees

Balance Sheet

Assets less current liabilities£471k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83-£362k
20231.65+£229k
20221.65+£192k
20211.25-£63k
20201.68+£10k
20190.98+£13k
20181.04+£70k
20170.65—

Derived from filed accounts. Not audited figures.