Back to search

Global Machinery Solutions Limited

04936450

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

DAIRY FARM OFFICE, IPSWICH, IP7 6RA
Incorporated 17/10/2003

Compliance

Last accounts

31/10/2024

medium

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 14/12/2025

Due 28/12/2026

On track

Industry

02400
Support services to forestry
33190
Repair of other equipment
46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Officers

Edward Clive Michael Baker

director · Since 15/07/2021

British

James Kennedy Buckle

director · Since 09/04/2008

British,

Steven John Edwards

director · Since 01/11/2025

British

George David Westwood

director · Since 01/11/2022

British

Former

Penelope Anne Andrews

secretary · Resigned 30/09/2025

Paul James Caldwell

secretary · Resigned 31/03/2006

Paul Kevin Ian Geraghty

secretary · Resigned 09/04/2008

Hannah Lucy Miles

secretary · Resigned 23/01/2025

John Brooke Read

secretary · Resigned 19/03/2007

York Place Company Secretaries Limited

corporate nominee secretary · Resigned 17/10/2003

Dean Gary Ashton

director · Resigned 08/07/2022

Peter Lindsay Banks

director · Resigned 04/08/2023

Edward William Bastow

director · Resigned 23/09/2011

James Kennedy Buckle

director · Resigned 28/03/2007

Alison Jane Caldwell

director · Resigned 31/03/2006

Paul James Caldwell

director · Resigned 20/08/2010

Charles Paul Course

director · Resigned 01/11/2022

Craig Lee Flowers

director · Resigned 30/04/2025

Paul Kevin Ian Geraghty

director · Resigned 09/04/2008

Hannah Lucy Miles

director · Resigned 23/09/2011

Rachael Shaw Browne

director · Resigned 06/02/2017

Sharatt Steven

director · Resigned 09/04/2008

York Place Company Nominees Limited

corporate nominee director · Resigned 17/10/2003

CompanyRankvs 105+ SIC 02400 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 31/10/2024

Turnover

£16.6M

Annual revenue

Net Worth

£6.6M

Balance sheet strength

Cash

£296k

Cash in the bank

Profit Before Tax

-£1.7M

Bottom line earnings

Net Current Assets

£7.0M

Working capital

Current Assets

£12.3M

Current Liabilities

£5.3M

Fixed Assets

£2.1M

Debtors

£2.2M

Cost of Sales

£15.2M

Gross Profit

£1.4M

Admin Expenses

£2.8M

Operating Profit

-£1.4M

Profit After Tax

-£1.7M

52avg. employees+2

People Costs

Wages & salaries£2.4M
NI contributions£288k

Balance Sheet

Intangible assets£14k
Assets less current liabilities£9.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.34-£1.7M
20232.66

Derived from filed accounts. Not audited figures.