Global Machinery Solutions Limited
04936450
Some Concerns
- 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)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
medium
Next accounts due
31/07/2026
Confirmation statement
Last: 14/12/2025
Due 28/12/2026
Industry
Officers
director · Since 09/04/2008
DIRECTOR
BRITISH, · UNITED KINGDOM · Age 61
Also on 10 other boards
director · Since 15/07/2021
AFTERSALES DIRECTOR
BRITISH · UNITED KINGDOM · Age 32
Also on 1 other board
director · Since 01/11/2022
NON-EXECUTIVE DIRECTOR
BRITISH · ENGLAND · Age 32
Also on 9 other boards
director · Since 01/11/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Heathpatch Limited
Dairy Farm Office, Dairy Road, Ipswich, IP7 6RA
Reg: 03381606 · England & Wales · Limited Partnership
Notified 06/04/2016
Charges2 outstanding
BARCLAYS BANK PLC
LLOYDS BANK PLC
BARCLAYS BANK PLC
UNIVERSAL LEASING LIMITED
CompanyRankvs 15+ SIC 02400 peers70
Show leaderboard
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
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
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.34 | -£1.7M |
| 2023 | 2.66 | +£5.5M |
| 2022 | 1.52 | -£528k |
| 2021 | 1.65 | — |
Derived from filed accounts. Not audited figures.