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Gtec Engineering Limited

03842522

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

WELL SPRING CLOSE, CARLYON ROAD, WARWICKSHIRE, CV9 1LQ
Incorporated 16/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mrs Sharron Anne Wells

director · Since 16/09/1999

SALE REPRESENTATIVE

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Thomas Mark Wells

director · Since 16/09/1999

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Annette Young

director · Since 16/09/1999

FINANCE ADMINISTRATOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Mr Graham Nathaniel Young

director · Since 16/09/1999

ENGINEER

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Mr Thomas Mark Wells

secretary · Since 30/05/2012

Also on 2 other boards

Mr Jason Young

director · Since 13/06/2013

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Jason Young

Significant control

British · England · Age 43

17, Chandlers Drive, Tamworth, B77 4NY

Notified 19/09/2016

Mr Thomas Mark Wells

Significant control

British · England · Age 64

2, Yew Tree Road, Birmingham, B36 0BN

Notified 19/09/2016

Mr Graham Nathaniel Young

Significant control

British · England · Age 63

98, Austrey Road, Tamworth, B79 0HQ

Notified 19/09/2016

Mrs Sharron Anne Wells

Significant control

British · England · Age 58

2, Yew Tree Road, Birmingham, B36 0BN

Notified 19/09/2016

Mr Annette Young

Significant control

British · England · Age 62

98, Austrey Road, Tamworth, B79 0HQ

Notified 19/09/2016

CompanyRankvs 147+ SIC 25620 peers
85

Financial strength83th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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 30/09/2025

Net Worth

£945k

Balance sheet strength

Cash

£570k

Cash in the bank

Net Current Assets

£930k

Working capital

Current Assets

£1.8M

Current Liabilities

£837k

Fixed Assets

£19k

Debtors

£1.2M

31avg. employees

Tax at Year End(2024)

Corp tax£181k

Balance Sheet

Assets less current liabilities£949k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.11-£301k
20242.47+£44k
20232.34+£838k
20221.28+£312k
20211.04

Derived from filed accounts. Not audited figures.