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Gateway Chassis Solutions Limited

06281466

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

22 WEST CARR LANE, HULL, HU7 0BW
Incorporated 15/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Christopher Paul Ramsden

director · Since 10/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Persons with Significant Control

Wsl Fabrications Limited

75–100% shares
75–100% votes

22, West Carr Lane, Hull, HU7 0BW

Reg: 6569893 · Companies House · Limited Company

Notified 03/04/2025

Former PSCs

Wheel Solutions Limited

Ceased 01/01/2019

Wsl Chassis Division Ltd

Ceased 12/03/2020

Gcsl Group Limited

Ceased 03/04/2025

Charges6 outstanding

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CompanyRankvs 348+ SIC 25110 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.93× · 16/20
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.

Liquidity16/20 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 director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£13.9M

Annual revenue

Net Worth

£6.0M

Balance sheet strength

Cash

£55k

Cash in the bank

Profit Before Tax

£357k

Bottom line earnings

Net Current Assets

£5.6M

Working capital

Current Assets

£11.7M

Current Liabilities

£6.1M

Fixed Assets

£2.4M

Debtors

£11.0M

Cost of Sales

£10.1M

Gross Profit

£3.8M

Admin Expenses

£3.3M

Operating Profit

£494k

Profit After Tax

£270k

89avg. employees

Tax at Year End

Corp tax£304k
Dividends paid£20k

Director Loans

Company owes directors£15k

People Costs

Wages & salaries£2.8M
NI contributions£256k

Balance Sheet

Intangible assets£60k
Assets less current liabilities£8.0M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20241.93

Derived from filed accounts. Not audited figures.