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Gatesby Limited

03261972

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

PARKWOOD AUTO DISMANTLERS, FLOWTON ROAD ELMSETT, IP7 6PF
Incorporated 11/10/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mr Graham Watchorn

director · Since 11/08/2025

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr Adam James David Snook

director · Since 11/08/2025

DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 2 other boards

Persons with Significant Control

Mr Graham Watchorn

75–100% shares
75–100% votes
Appoint directors

British · England · Age 50

The Maltings, Rosemary Lane, Halstead, CO9 1HZ

Notified 11/08/2025

Former PSCs

Mr Frank Osullivan

Ceased 11/08/2025

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 12/06/1997Registered 14/06/1997Satisfied 30/04/2019

CompanyRankvs 1963+ SIC 39000 peers
29

Financial strength10th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1963Gatesby Limited
35
How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 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

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.10.18 31.10.17 £ £ Bank loans and overdrafts 1,811 1,062 Taxation and social security - 1,769 Other creditors 136,354 102,232 138,165 105,063 6. GOING CONCERN BASIS The accounts have been prepared on the going concern basis. The director is confident of the company's ability to continue to trade due to the continued support of the company's bank

Key FinancialsYear ending 31/10/2018

Net Worth

-£9k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£123k

Current Liabilities

£138k

Fixed Assets

£8k

Debtors

£22k

Balance Sheet

Assets less current liabilities-£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20180.89

Derived from filed accounts. Not audited figures.