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Gilchrist Control Systems Limited

03891570

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

3 CASTLEGATE, GRANTHAM, NG31 6SF
Incorporated 09/12/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Helen Bridget Pickering

secretary · Since 09/12/1999

BRITISH

Dr Simon Gilchrist Pickering

director · Since 09/12/1999

DESIGN ENGINEER

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mrs Helen Bridget Pickering

25–50% shares
25–50% votes

British · England · Age 59

Witham Lodge, Low Road, Grantham, NG31 8NQ

Notified 06/04/2016

Dr Simon Gilchrist Pickering

25–50% shares
25–50% votes

British · England · Age 61

31 Low Road, Manthorpe, Grantham, NG31 8NQ

Notified 06/04/2016

CompanyRankvs 3933+ SIC 71122 peers
72

Financial strength89th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.67× · 6/20
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 strength22/25 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.

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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£117k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£125k

Working capital

Current Assets

£250k

Current Liabilities

£375k

Fixed Assets

£278k

Debtors

£213k

6avg. employees-2

Tax at Year End

Corp tax£22k

Director Loans(2023)

Company owes directors£147k

Balance Sheet

Assets less current liabilities£153k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.67+£45k
20230.40+£63k
20210.80-£53k
20201.35+£4k
20191.32-£11k
20182.05

Derived from filed accounts. Not audited figures.