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Greatbay Limited

05440457

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD BARN, SWANLEY, BR8 7PA
Incorporated 29/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Richard Michael Read

secretary · Since 23/05/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 13 other boards

Mr Andrew William Langdon

director · Since 23/05/2005

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 55

Also on 6 other boards

Richard Michael Read

director · Since 23/05/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 13 other boards

Persons with Significant Control

Mr Andrew William Langdon

25–50% shares

English · England · Age 55

The Old Barn, Wood Street, Swanley, BR8 7PA

Notified 06/04/2016

Mr Richard Michael Read

25–50% shares

English · England · Age 58

The Old Barn, Wood Street, Swanley, BR8 7PA

Notified 06/04/2016

Qubic Trustees Ltd

25–50% shares

118, Quayside, Newcastle Upon Tyne, NE1 3BD

Reg: 06890768 · Companies House · Limited Company

Notified 04/04/2019

Charges1 outstanding

charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 12/09/2006Registered 19/09/2006

CompanyRankvs 658+ SIC 39000 peers
60

Financial strength74th percentile among SIC peers · 19/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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658Greatbay Limited
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How is this score calculated?
Financial strength19/25 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.

Liquidity6/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£101k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

-£266k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.4M

Fixed Assets

£1.0M

Debtors

£700k

75avg. employees-3

Tax at Year End

Corp tax£42k
VAT£301k

Director Loans

Directors owe company£146k

Balance Sheet

Intangible assets£177k
Assets less current liabilities£756k
Signed by Mr Andrew Langdon 19/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.81+£88k£6.0M
20240.83-£27k£5.9M
20230.84—£4.8M
20220.79——
20210.93——

Derived from filed accounts. Not audited figures.