Gelmetix Limited
08146622
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/03/2018
HEALTH CARE EXECUTIVE/CONSULTANT
AMERICAN · UNITED STATES · Age 72
director · Since 29/03/2018
MEDICAL PROFESSOR
BRITISH · UNITED KINGDOM · Age 73
Also on 1 other board
Persons with Significant Control
Former PSCs
Spark Impact Limited
Ceased 19/10/2016
Charges0 outstanding
RACHED SAMI BAKRI AS SECURITY TRUSTEE
CompanyRankvs 951+ SIC 72110 peers54
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied: 2.2 Going concern The directors consider it appropriate to adopt the going concern basis of accounting in preparing the year-end accounts to December 2024. A material uncertainty exists in the ability of
Key FinancialsYear ending 31/12/2024
Net Worth
-£446k
Balance sheet strength
Cash
£80k
Cash in the bank
Net Current Assets
£88k
Working capital
Current Assets
£90k
Current Liabilities
£2k
Fixed Assets
£456k
Debtors
£10k
Tax at Year End(2018)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 38.50 | -£508k |
| 2023 | 2.31 | -£1.8M |
| 2022 | 8.36 | -£1.6M |
| 2021 | 19.46 | -£627k |
| 2020 | 1892.95 | +£2.4M |
| 2019 | 3.31 | -£291k |
| 2018 | 7.21 | — |
Derived from filed accounts. Not audited figures.