Gx Engineering Ltd
07651862
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/05/2011
ENGINEERING
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
Persons with Significant Control
Mr George Xuereb
British · United Kingdom · Age 47
12, Vicarage Avenue, Cambridge, CB22 3JT
Notified 01/07/2016
CompanyRankvs 48040+ SIC 74909 peers35
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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 31/05/2025
Net Worth
-£95k
Balance sheet strength
Cash
£799
Cash in the bank
Net Current Assets
-£69k
Working capital
Current Assets
£13k
Current Liabilities
£82k
Debtors
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.16 | +£0 |
| 2025 | 0.16 | -£15k |
| 2024 | 0.35 | -£18k |
| 2023 | 0.52 | -£20k |
| 2022 | 0.95 | -£10k |
| 2021 | 1.19 | -£18k |
| 2020 | 2.09 | -£21k |
| 2019 | 1.21 | -£33k |
| 2018 | 5.92 | — |
Derived from filed accounts. Not audited figures.