P W Gates Distribution Limited
04552128
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 13/05/2026
Due 27/05/2027
Industry
Officers
director · Since 26/01/2007
BUSINESS DEVELOPMENT DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 4 other boards
Persons with Significant Control
Mr Peter William Gates
British · England · Age 75
First Floor, 5 Doolittle Yard, Ampthill, MK45 2NW
Notified 03/08/2022
Mrs Mary Jeanette Gates
British · England · Age 71
3 Doolittle Yard, Froghall Road, Bedford, MK45 2NW
Notified 03/08/2022
Charges1 outstanding
UNITED TRUST BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 4492+ SIC 49410 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 going co
Key FinancialsYear ending 31/03/2025
Net Worth
£1.4M
Balance sheet strength
Cash
£465
Cash in the bank
Net Current Assets
-£740k
Working capital
Current Assets
£4.9M
Current Liabilities
£5.6M
Fixed Assets
£5.8M
Debtors
£4.8M
Profit After Tax
£59k
Tax at Year End
People Costs(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.87 | +£56k |
| 2024 | 0.91 | +£393k |
| 2023 | 0.89 | — |
Derived from filed accounts. Not audited figures.