George Thompson Limited
05117161
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
29/09/2026
Confirmation statement
Last: 30/04/2025
Due 14/05/2026
Industry
Officers
secretary · Since 21/03/2024
Persons with Significant Control
Mr Philip George Thompson
English · England · Age 65
32, Hayhurst Road, Clitheroe, BB7 9RL
Notified 01/04/2017
CompanyRankvs 8542+ SIC 47110 peers45
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.3 Going concern The company is dependant for its ability to continue as a going concern on the continuing support of its director. The director is confident that the business condition will improve and
Key FinancialsYear ending 31/12/2024
Net Worth
£258k
Balance sheet strength
Cash
£46k
Cash in the bank
Net Current Assets
£247k
Working capital
Current Assets
£522k
Current Liabilities
—
Fixed Assets
£34k
Debtors
£15k
Tax at Year End(2022)
Director Loans(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£24k |
| 2023 | 2.08 | -£9k |
| 2022 | 2.11 | -£15k |
| 2021 | 2.26 | +£9k |
| 2020 | 2.15 | +£30k |
| 2019 | 1.88 | +£10k |
| 2018 | 1.83 | — |
Derived from filed accounts. Not audited figures.