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Gms Plumbing & Heating Supplies Ltd

07358754

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

MCKAY CLOSE, WEYMOUTH, DT4 9DN
Incorporated 27/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mr Simon David Etherington

director · Since 23/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 11 other boards

Miss Jane Cameron

director · Since 13/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Mr Gareth Wayne Howell

director · Since 13/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Mr Mark Anthony James

director · Since 13/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Mr Simon David Etherington

25–50% shares

British · England · Age 70

Mckay Close, Lynch Lane, Weymouth, DT4 9DN

Notified 06/04/2016

Mrs Vanessa Etherington

25–50% shares

British · England · Age 66

Mckay Close, Lynch Lane, Weymouth, DT4 9DN

Notified 06/04/2016

Mr Melvyn Richard Sparks

25–50% shares

British · England · Age 81

Mckay Close, Lynch Lane, Weymouth, DT4 9DN

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

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Created 29/07/2024Registered 01/08/2024
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 18/10/2022Registered 20/10/2022
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 13/09/2021Registered 14/09/2021Satisfied 15/06/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/11/2020Registered 25/11/2020
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 16/11/2010Registered 19/11/2010Satisfied 10/08/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 22/10/2010Registered 26/10/2010Satisfied 10/08/2021

CompanyRankvs 397+ SIC 46740 peers
68

Financial strength89th percentile among SIC peers · 22/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£907k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£417k

Working capital

Current Assets

£1.4M

Current Liabilities

£984k

Fixed Assets

£752k

Debtors

£822k

17avg. employees-2

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.39+£170k
20242.09-£17k
20232.06+£118k
20221.84+£161k
20211.57+£93k
20201.53+£154k
20191.14+£54k
20181.10

Derived from filed accounts. Not audited figures.