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Generation Two Limited

08008574

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

COOLAIR HOUSE, DUKINFIELD, SK16 4UJ
Incorporated 27/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Miss Helen Sharratt

director · Since 27/03/2012

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 59

Also on 7 other boards

Mr Adam Anthony Garstang

director · Since 27/04/2012

DIRECTOR

ENGLISH · ENGLAND · Age 58

Mark Garstang

director · Since 27/04/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mr John James Otterson

director · Since 27/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Persons with Significant Control

Mr John James Otterson

25–50% shares

British · England · Age 66

Coolair House, Globe Lane, Dukinfield, SK16 4UJ

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/04/2012Registered 04/05/2012

CompanyRankvs 7377+ SIC 70100 peers
35

Financial strength94th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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7377Generation Two Limited
55
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.

Employees2/15 pts

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

Liquidity0/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

lead to significant doubt upon the Group's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements. Future developments The Board are optimistic about the long term future growth and direction of Coolair and have developed a Mission State

Key FinancialsYear ending 31/12/2024

Net Worth

£6.5M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£198

Current Liabilities

—

Debtors

£198

0avg. employees

Balance Sheet

Assets less current liabilities£6.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearImplied Profit
2024+£0
2023+£0
2022+£0

Derived from filed accounts. Not audited figures.