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G E Realisations 2023 Limited

05840192

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

CARE OF RESTRUCTURING AND RECOVERY SERVICES (RRS) S&W PARTNERS LLP, LONDON, EC2V 7BG
Incorporated 07/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
82990
Other business support service activities

Officers

Mr Kelvin John Ruck

director · Since 21/08/2012

ELECTRICAL POWER ENGINEER

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Nigel Christopher Hughes

director · Since 01/09/2015

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Neville Barry Kahn

director · Since 21/12/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 24 other boards

Mr Nathaniel Jerome Meyohas

director · Since 21/12/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 26 other boards

Mr David Daniel Morris

director · Since 21/12/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 34 other boards

Persons with Significant Control

G2 Energy Holdings Limited

75–100% shares
75–100% votes
Appoint directors

31, Hill Street, London, W1J 5LS

Reg: 11721887 · Companies House · Private Limited Company

Notified 21/12/2018

Former PSCs

Mr Gary Alvin Gay

Ceased 29/03/2018

Mr Kelvin John Ruck

Ceased 21/12/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/06/2020Registered 25/06/2020
Charge
satisfied

G2 ENERGY HOLDINGS LIMITED (COMPANY NUMBER 11721887)

Created 21/12/2018Registered 28/12/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/01/2017Registered 24/01/2017Satisfied 02/10/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2015Registered 01/05/2015Satisfied 02/10/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/03/2014Registered 12/03/2014Satisfied 28/02/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 06/12/2013Registered 19/12/2013Satisfied 30/07/2014
charge
satisfied

COAL PENSION PROPERTIES LIMITED

Created 09/11/2012Registered 14/11/2012Satisfied 01/04/2016

CompanyRankvs 126480+ SIC 70229 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.49× · 12/20
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 strength24/25 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.

Liquidity12/20 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 concern are d

Key FinancialsYear ending 31/12/2020

Turnover

£28.1M

Annual revenue

Net Worth

£523k

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

£385k

Bottom line earnings

Net Current Assets

£4.7M

Working capital

Current Assets

£14.3M

Current Liabilities

£9.6M

Fixed Assets

£88k

Debtors

£681k

Cost of Sales

£24.8M

Gross Profit

£3.3M

Admin Expenses

£2.6M

Operating Profit

£745k

Profit After Tax

£895k

47avg. employees

Tax at Year End(2019)

Dividends paid£248k

People Costs

Wages & salaries£2.8M
NI contributions£292k

Balance Sheet

Bank loans & overdrafts£243k
Assets less current liabilities£4.8M
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent RatioImplied Profit
20201.49+£895k
20191.38+£334k
20191.31

Derived from filed accounts. Not audited figures.