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G-Tec (Electrical Contractor) Limited

04643546

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 5C, WASHINGTON, NE37 3ES
Incorporated 21/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment
43210
Electrical installation

Officers

Mr William Adams

director · Since 22/07/2003

DIRECTOR

BRITISH · ENGLAND · Age 61

Laura Devlin

secretary · Since 30/03/2007

BRITISH

Persons with Significant Control

Mr William Adams

75–100% shares

British · England · Age 61

Unit 5c, Washington, NE37 3ES

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 09/09/2004Registered 16/09/2004

CompanyRankvs 1189+ SIC 33140 peers
54

Financial strength40th percentile among SIC peers · 10/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.05× · 12/20
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 strength10/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/01/2025

Net Worth

£1k

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£291k

Current Liabilities

£278k

Fixed Assets

£2k

Debtors

£100k

4avg. employees-1

Balance Sheet

Assets less current liabilities£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05+£0
20241.07-£40k
20231.14-£22k
20221.19-£62k
20211.37

Derived from filed accounts. Not audited figures.