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Ground Form Gears Limited

03728123

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT F THE PAVILIONS, ATHERSTONE, CV9 2QZ
Incorporated 08/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Philip Bevan

director · Since 08/03/1999

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mr Philip Bevan

secretary · Since 16/11/2009

Also on 2 other boards

Ms Paula Ann Marsland

director · Since 11/03/2022

ADMINISTRATOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Philip Bevan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 59

Unit F The Pavilions, Holly Lane Industrial Estate, Atherstone, CV9 2QZ

Notified 06/04/2016

Former PSCs

Mr Paul Logan

Ceased 04/01/2022

CompanyRankvs 672+ SIC 71129 peers
86

Financial strength90th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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672Ground Form Gears Limited
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How is this score calculated?
Financial strength23/25 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.

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 31/03/2025

Net Worth

£181k

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

£139k

Working capital

Current Assets

£207k

Current Liabilities

£68k

Fixed Assets

£74k

Debtors

£61k

4avg. employees+1

Tax at Year End

Corp tax£18k
VAT£6k

Director Loans

Company owes directors£19k

Balance Sheet

Assets less current liabilities£213k
Signed by Mr Philip Bevan Miss Paula Marsland 02/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.03+£3k£113k
20243.21+£44k£238k
20232.68+£48k£158k
20221.79-£19k£263k
20212.68+£17k£147k
20202.49-£7k£82k
20192.45—£135k

Derived from filed accounts. Not audited figures.