Back to search

Electric Motors & Gearboxes Limited

06448990

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)
  • Going concern doubt noted in accounts (-10)

Details

UNITS 14-16, G5 INDUSTRIAL PARK SPRING ROAD, WOLVERHAMPTON, WV4 6FG
Incorporated 10/12/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28150
Manufacture of bearings, gears, gearing and driving elements

Officers

Mr Simon Anthony Bennett

secretary · Since 10/12/2007

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mr Simon Anthony Bennett

director · Since 10/12/2007

MOTOR SALES

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mr Malcolm Andrew Rudge

director · Since 10/12/2007

ELECTRIC MOTOR SALES ENGINEER

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Malcolm Andrew Rudge

25–50% shares
25–50% votes

British · England · Age 47

Units 14-16, G5 Industrial Park, Spring Road, Wolverhampton, WV4 6FG

Notified 06/04/2016

Mr Simon Anthony Bennett

25–50% shares
25–50% votes

British · England · Age 63

Units 14-16, G5 Industrial Park, Spring Road, Wolverhampton, WV4 6FG

Notified 06/04/2016

CompanyRankvs 23+ SIC 28150 peers
73

Financial strength83th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.62× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Depe Gear Company Limited
90
2Idem Safety Switches Limited
90
3Radicon Transmission Uk Limited
90
4Bowman International Limited
89
5Hpc Gears Limited
89
6Hopwood Gear Limited
88
7W M H Transmissions Limited
88
8Facade Hoists International Limited
88
9L C & M Limited
88
10Schaeffler (Uk) Limited
87
23Electric Motors & Gearboxes Limited
83
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/12/2024

Net Worth

£695k

Balance sheet strength

Cash

£392k

Cash in the bank

Net Current Assets

£616k

Working capital

Current Assets

£995k

Current Liabilities

£379k

Fixed Assets

£111k

Debtors

£357k

9avg. employees-2

Balance Sheet

Assets less current liabilities£727k
Signed by Mr S Bennett,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.62+£110k
20232.23+£120k
20221.84+£159k
20211.61—

Derived from filed accounts. Not audited figures.