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Ggs Engineering (Derby) Limited

03729672

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

ATLAS WORKS, DERBY, DE24 8AQ
Incorporated 10/03/1999

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/03/2026

Due 24/03/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Christopher Michael Joyce

director · Since 02/12/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mrs Sharon Phillips-Clarke

secretary · Since 27/03/2023

Persons with Significant Control

Macoam Machinery Limited

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

Atlas Works, Litchurch Lane, Derby, DE24 8AQ

Reg: 09873270 · Registrar Of Companies · Limited Company

Notified 01/09/2022

Former PSCs

Christopher Michael Joyce

Ceased 01/09/2022

Mr Mark Simms

Ceased 01/09/2022

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LTD (THE "SECURITY TRUSTEE")

Created 01/12/2015Registered 04/12/2015
charge
satisfied

BARCLAYS BANK PLC

Created 23/04/1999Registered 04/05/1999Satisfied 04/01/2014

CompanyRankvs 583+ SIC 25990 peers
73

Financial strength84th percentile among SIC peers · 21/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.43× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

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 31/03/2025

Net Worth

£745k

Balance sheet strength

Cash

£358k

Cash in the bank

Net Current Assets

£657k

Working capital

Current Assets

£927k

Current Liabilities

£271k

Fixed Assets

£117k

Debtors

£494k

13avg. employees+1

Balance Sheet

Assets less current liabilities£774k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.43+£13k
20242.89+£145k
20232.01+£56k
20221.87+£37k
20212.19+£65k
20201.96+£113k
20191.56

Derived from filed accounts. Not audited figures.