Gc Distribution Limited
05323891
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 13/11/2025
Due 27/11/2026
Industry
Officers
director · Since 01/09/2005
HAULAGE
BRITISH · ENGLAND · Age 68
Also on 2 other boards
director · Since 16/05/2025
DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 1 other board
director · Since 16/05/2025
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 2 other boards
Persons with Significant Control
Mr Graham Christopher Paine
British · England · Age 68
249, Cranbrook Road, Ilford, IG1 4TG
Notified 15/12/2016
Mr Gary Charles Williams
British · England · Age 65
249, Cranbrook Road, Ilford, IG1 4TG
Notified 06/04/2017
Mrs Linda Williams
British · England · Age 67
249, Cranbrook Road, Ilford, IG1 4TG
Notified 25/01/2024
Charges3 outstanding
RBS INVOICE FINANCE LIMITED
JOHN JOSEPH REGAN
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 27440+ SIC 52290 peers55
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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
£572k
Balance sheet strength
Cash
£146k
Cash in the bank
Profit Before Tax
£25k
Bottom line earnings
Net Current Assets
-£603k
Working capital
Current Assets
£1.5M
Current Liabilities
£2.1M
Fixed Assets
£1.7M
Debtors
£1.3M
Cost of Sales
£8.9M
Admin Expenses
£2.3M
Profit After Tax
£7k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.71 | +£7k |
| 2023 | 0.76 | +£37k |
| 2022 | 0.85 | +£108k |
| 2021 | 0.93 | +£136k |
| 2020 | 1.01 | +£36k |
| 2019 | 0.73 | +£50k |
| 2018 | 0.68 | — |
Derived from filed accounts. Not audited figures.