Gem Safety Ltd
06960074
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/09/2019
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 1 other board
director · Since 09/08/2021
SALES DIRECTOR
BRITISH · ENGLAND · Age 32
Also on 1 other board
Persons with Significant Control
Mr Gavin Peter Milligan
British · England · Age 49
Base Business Space, Chamberlain Road, Hull, HU8 8HL
Notified 01/09/2019
Former PSCs
Mr Anthony Pilkington
Ceased 31/08/2019
Mr Graham Bradley
Ceased 12/07/2018
CompanyRankvs 28019+ SIC 85590 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£41k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£16k
Working capital
Current Assets
£127
Current Liabilities
£16k
Tax at Year End(2019)
Director Loans(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£2k |
| 2024 | 0.02 | -£2k |
| 2023 | 0.52 | +£7k |
| 2022 | 0.39 | -£2k |
| 2021 | 1.72 | -£47k |
| 2020 | 1.54 | -£48k |
| 2019 | 2.60 | — |
Derived from filed accounts. Not audited figures.