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Garner Osborne Circuits Limited

03814913

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

UNIT 10 HAMBRIDGE BUSINESS, NEWBURY, RG14 5TU
Incorporated 27/07/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Mr Dean Curran

director · Since 04/07/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 8 other boards

Persons with Significant Control

Gocl Bidco Limited

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

Unit 10 Hambridge Business Centre, Hambridge Lane, Newbury, RG14 5TU

Reg: 15506206 · Companies House · Private Limited Company

Notified 29/05/2024

Former PSCs

Mr Michael John Garner

Ceased 26/04/2024

Gocl Holdco Limited

Ceased 29/05/2024

Charges4 outstanding

Charge
outstanding

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TC LOANS LIMITED

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outstanding

ETHOS PARTNERS LLP

Created 04/07/2024Registered 16/07/2024
Charge
outstanding

TC LOANS LIMITED

Created 04/07/2024Registered 05/07/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 23/05/2007Registered 24/05/2007Satisfied 22/02/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 09/12/2005Registered 10/12/2005Satisfied 23/05/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/03/2005Registered 05/04/2005Satisfied 29/05/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/09/2002Registered 03/10/2002Satisfied 13/06/2024
charge
satisfied

LLOYDS UDT LIMITED

Created 24/08/2001Registered 25/08/2001Satisfied 22/02/2024
charge
satisfied

LLOYDS UDT LIMITED

Created 27/10/2000Registered 28/10/2000Satisfied 22/02/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 04/10/1999Registered 13/10/1999Satisfied 03/10/2002

CompanyRankvs 210+ SIC 26110 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

£5.3M

Balance sheet strength

Cash

£912k

Cash in the bank

Profit Before Tax

£2.6M

Bottom line earnings

Net Current Assets

£4.0M

Working capital

Current Assets

£6.8M

Current Liabilities

£2.8M

Fixed Assets

£2.1M

Debtors

£2.5M

Cost of Sales

£8.3M

Admin Expenses

£1.9M

Profit After Tax

£2.1M

126avg. employees+21

Tax at Year End

Corp tax£728k
Dividends paid£324k

People Costs

Wages & salaries£3.9M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£0
Assets less current liabilities£6.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.42+£2.6M
20201.46+£543k
20191.25

Derived from filed accounts. Not audited figures.