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Gb Electrical And Building Services Ltd

05392639

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

BEECH LANE BEECH LANE, HEREFORD, HR2 6FG
Incorporated 15/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation
43290
Other construction installation
43320
Joinery installation

Officers

Mr Shane Adams

director · Since 13/01/2020

DIRECTOR

BRITISH · WALES · Age 53

Also on 3 other boards

Mr Matthew Ernest Edwards

director · Since 13/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Mr Christopher Greenall

director · Since 13/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 4 other boards

Mr Mark Albert Stedman

director · Since 13/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Mr Christopher Greenall

secretary · Since 07/08/2020

Also on 4 other boards

Persons with Significant Control

Gb Corporate Holdings Limited

75–100% shares

Beech Lane, Rotherwas Industrial Estate, Hereford, HR2 6FG

Reg: 13182436 · The Registrar Of Companies For England And Wales · Limited Company

Notified 15/03/2021

Former PSCs

Chargemaster Limited

Ceased 17/05/2019

Mr Terence Martin Pickering

Ceased 07/08/2020

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/02/2025Registered 05/03/2025
Charge
outstanding

LLOYDS BANK PLC

Created 28/02/2025Registered 05/03/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/04/2021Registered 26/04/2021Satisfied 21/10/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/02/2017Registered 10/02/2017Satisfied 29/05/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/06/2009Registered 04/06/2009Satisfied 09/07/2015

CompanyRankvs 212+ SIC 43210 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.18× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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

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 31/12/2024

Turnover

£19.1M

Annual revenue

Net Worth

£5.0M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£4.8M

Bottom line earnings

Net Current Assets

£4.6M

Working capital

Current Assets

£6.8M

Current Liabilities

£2.1M

Fixed Assets

£860k

Debtors

£5.6M

Cost of Sales

£12.4M

Gross Profit

£6.7M

Admin Expenses

£1.9M

Operating Profit

£4.8M

Profit After Tax

£3.6M

108avg. employees-6

Tax at Year End

Corp tax£1.1M
Dividends paid£3.1M

People Costs

Wages & salaries£3.4M
NI contributions£334k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£5.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.18+£460k
20232.36+£1.9M
20222.10+£2.0M
20211.23+£25k
20201.10-£425k
20191.38

Derived from filed accounts. Not audited figures.