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G N Systems Limited

04619700

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNITS 10 - 12, BOLTON, BL2 2SE
Incorporated 17/12/2002

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/12/2025

Due 19/12/2026

On track

Industry

26110
Manufacture of electronic components

Officers

Mr Carl Griffiths

director · Since 17/12/2002

SALES DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Nicholas Usher

director · Since 17/12/2002

PROCUREMENT DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

David James Gordon

secretary · Since 14/01/2010

BRITISH

Persons with Significant Control

Gn Systems Holdings Ltd

75–100% shares

Unit 10 - 12 Undershore Business Park, Brookside Road, Bolton, BL2 2SE

Reg: 08216008 · England And Wales · Limited Company

Notified 17/12/2016

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 12/02/2021Registered 15/02/2021
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 29/10/2013Registered 29/10/2013Satisfied 24/11/2017
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 23/09/2013Registered 24/09/2013Satisfied 19/02/2026

CompanyRankvs 55+ SIC 26110 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.5× · 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 strength23/25 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.

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

£2.3M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£2.6M

Current Liabilities

£394k

Fixed Assets

£121k

Debtors

£488k

26avg. employees-3

Balance Sheet

Intangible assets£55k
Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.50+£152k
20246.95+£29k
20234.25+£52k
20225.77+£415k
20215.51+£506k
20204.51+£217k
20193.99

Derived from filed accounts. Not audited figures.