Group Gear Limited
07822851
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/10/2021
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 1 other board
director · Since 18/10/2021
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 5 other boards
Persons with Significant Control
Group Gear Holdings Limited
Unit 1, Bromsgrove Road, Halesowen, B63 3HJ
Reg: 15513795 · Companies House · Private Company Limited By Shares
Notified 15/04/2024
Former PSCs
Mr Simon Tea
Ceased 15/04/2024
Charges3 outstanding
LLOYDS BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 224+ SIC 46510 peers69
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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.
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 31/12/2025
Net Worth
£349k
Balance sheet strength
Cash
£29k
Cash in the bank
Net Current Assets
£353k
Working capital
Current Assets
£1.2M
Current Liabilities
£839k
Fixed Assets
£82k
Debtors
£748k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.42 | +£27k |
| 2024 | 1.37 | +£61k |
| 2023 | 1.36 | — |
Derived from filed accounts. Not audited figures.