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Gemex Limited

05433473

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

LYNTON HOUSE, LONDON, WC1H 9BQ
Incorporated 22/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Liron Reuben Bezalel

director · Since 22/04/2005

MANAGER

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Gemex Holdings Limited

75–100% shares

Lynton House, 7-12 Tavistock Square, London, WC1H 9BQ

Reg: 08722696 · Companies House · Private Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BANK FRICK & CO AG

Created 24/03/2016Registered 30/03/2016Satisfied 13/05/2016

CompanyRankvs 303+ SIC 46900 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees14/15 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

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 director with respect to going concern are de

Key FinancialsYear ending 31/03/2023

Turnover

£14.6M

Annual revenue

Net Worth

£12.8M

Balance sheet strength

Cash

£8.5M

Cash in the bank

Profit Before Tax

£4.2M

Bottom line earnings

Net Current Assets

£12.7M

Working capital

Current Assets

£16.6M

Current Liabilities

£3.9M

Fixed Assets

£103k

Debtors

£3.3M

Cost of Sales

£9.1M

Gross Profit

£5.6M

Admin Expenses

£1.3M

Operating Profit

£4.2M

Profit After Tax

£3.4M

20avg. employees+4

Tax at Year End

Corp tax£495k
Dividends paid£67k

Director Loans

Company owes directors£2.9M

People Costs

Wages & salaries£866k
NI contributions£99k

Balance Sheet

Assets less current liabilities£12.8M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20234.27+£3.3M
20222.47-£1.1M
202140.28+£907k
202016.34+£1.8M
20198.25—

Derived from filed accounts. Not audited figures.