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Gearheads Ltd

07996154

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

UNIT 8 ALBERT WORKS, ILFORD, IG2 7AQ
Incorporated 19/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Martin Ward

director · Since 19/03/2012

BUILDER

ENGLISH · ENGLAND · Age 43

Persons with Significant Control

Mr Martin Edward Ward

75–100% shares

British · United Kingdom · Age 43

285, Longbridge Road, Barking, IG11 9DJ

Notified 19/03/2017

CompanyRankvs 18358+ SIC 68209 peers
76

Financial strength59th percentile among SIC peers · 15/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.43× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/03/2025

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£15k

Current Liabilities

£6k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£11k
Signed by Mr Martin WARD 18 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.43-£5k
2024-£2k
20236.15-£26k
2022+£6k
2021+£18k
2020+£12k
20194.70

Derived from filed accounts. Not audited figures.