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Gt Mg Spares Limited

08027784

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

57 BRADFORD STREET, WALSALL, WS1 3QD
Incorporated 12/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33170
Repair and maintenance of other transport equipment

Officers

Mr Glenn Turner

director · Since 12/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Glenn Turner

75–100% shares

British · England · Age 49

57, Bradford Street, Walsall, WS1 3QD

Notified 06/05/2016

CompanyRankvs 544+ SIC 33170 peers
71

Financial strength73th percentile among SIC peers · 18/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 13.9× · 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 strength18/25 pts

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

Employees4/15 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 30/04/2025

Net Worth

£44k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£48k

Current Liabilities

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£44k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202513.90+£4k
20246.84+£20k
20235.85+£6k
20225.01+£185
20211.39

Derived from filed accounts. Not audited figures.