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G D Contracts (North East) Limited

07673145

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

5 CATKIN WAY, BISHOP AUCKLAND, DL14 9TF
Incorporated 17/06/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43310
Plastering

Officers

Mr Gary Hendry

director · Since 17/06/2011

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mrs Laura Jane Hendry

director · Since 30/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Gary Hendry

50–75% shares
50–75% votes

British · England · Age 59

5, Catkin Way, Bishop Auckland, DL14 9TF

Notified 30/06/2016

Gh Investco Limited

25–50% shares

Unit 5, Catkin Way, Bishop Auckland, DL14 9TF

Reg: 16356288 · Companies House · Private Limited Company

Notified 16/07/2025

Former PSCs

Mrs Wendy Hendry

Ceased 05/04/2024

CompanyRankvs 395+ SIC 43310 peers
85

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.78× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£583k

Balance sheet strength

Cash

£780k

Cash in the bank

Net Current Assets

£531k

Working capital

Current Assets

£1.2M

Current Liabilities

£680k

Fixed Assets

£75k

Debtors

£430k

33avg. employees-8

Tax at Year End

Corp tax£165k

Balance Sheet

Assets less current liabilities£606k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.78+£210k
20231.59+£105k
20221.47+£130k
20211.59+£56k
20201.52-£41k
20191.45
20181.39

Derived from filed accounts. Not audited figures.