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Gillman Electrical Group Limited

08180760

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

MERCIA ROAD, GLOUCESTER, GL1 2SG
Incorporated 15/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Miss Annabelle Jeanette Gillman

secretary · Since 15/08/2012

Also on 7 other boards

Miss Annabelle Jeanette Gillman

director · Since 15/08/2012

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 7 other boards

Mr Robert John Gillman

director · Since 15/08/2012

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 9 other boards

Persons with Significant Control

Mr Robert John Gillman

25–50% shares
Significant control

British · England · Age 71

Mercia Road, St. Oswalds Road, Gloucester, GL1 2SG

Notified 06/04/2016

Miss Annabelle Jeanette Gillman

25–50% shares
Significant control

British · England · Age 67

Mercia Road, St. Oswalds Road, Gloucester, GL1 2SG

Notified 06/04/2016

Former PSCs

Mr Adrian Gillman

Ceased 16/06/2022

Charges6 outstanding

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CompanyRankvs 2613+ SIC 70100 peers
53

Financial strength35th percentile among SIC peers · 9/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.94× · 20/20
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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How is this score calculated?
Financial strength9/25 pts

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

Employees15/15 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.

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

£200

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£9.9M

Working capital

Current Assets

£11.2M

Current Liabilities

£1.3M

Fixed Assets

£3.8M

Debtors

£9.5M

Profit After Tax

£529k

87avg. employees+4

Tax at Year End

Dividends paid£146k

People Costs(2020)

Wages & salaries£5.7M
NI contributions£509k

Balance Sheet

Assets less current liabilities£13.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.94
202310.75
202226.23+£11.2M
2021-£49k
2020-£327k
2019-£340k

Derived from filed accounts. Not audited figures.