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Electric Motors & Gearboxes Limited

06448990

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

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

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/12/2025

Due 24/12/2026

On track

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 22+ SIC 28150 peers
73

Financial strength85th percentile among SIC peers · 21/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.4× · 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 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 company

Key FinancialsYear ending 31/12/2025

Net Worth

£867k

Balance sheet strength

Cash

£621k

Cash in the bank

Net Current Assets

£750k

Working capital

Current Assets

£1.3M

Current Liabilities

£536k

Fixed Assets

£154k

Debtors

£430k

10avg. employees+1

Balance Sheet

Assets less current liabilities£903k
Signed by Mr S Bennett,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.40+£173k
20242.62+£110k
20232.23

Derived from filed accounts. Not audited figures.