Gleason Metrology Systems Limited
05264494
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/10/2025
Due 03/11/2026
Industry
Officers
director · Since 30/06/2025
BUSINESS EXECUTIVE
AMERICAN · UNITED STATES · Age 61
Also on 3 other boards
director · Since 30/06/2025
GENERAL COUNSEL
AMERICAN · UNITED STATES · Age 46
Also on 2 other boards
Persons with Significant Control
Gleason Cutting Tools Limited
1, Martindale Road, Bayton Road Industrial Estate, Coventry, CV7 9ET
Reg: 623520 · Companies House · Limited By Shares
Notified 30/06/2025
Former PSCs
John Battista Jr
Ceased 30/06/2025
Charges1 outstanding
COMERICA BANK
COMERICA BANK
JOHN BATTISTA JNR.
JOHN BATTISTA JNR
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 136+ SIC 26512 peers64
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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
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
Key FinancialsYear ending 31/12/2024
Net Worth
£4.0M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
£1.5M
Bottom line earnings
Net Current Assets
£3.6M
Working capital
Current Assets
£9.5M
Current Liabilities
£5.9M
Fixed Assets
£450k
Debtors
£5.0M
Cost of Sales
£11.8M
Admin Expenses
£1.6M
Profit After Tax
£1.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.62 | +£1.2M |
| 2023 | 1.45 | +£1.1M |
| 2022 | 1.39 | +£208k |
| 2021 | 1.50 | +£241k |
| 2020 | 1.45 | +£293k |
| 2019 | 1.32 | — |
Derived from filed accounts. Not audited figures.