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Gad Tuning Ltd

08231621

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT J, MILDMAY ESTATE, BURNHAM ON CROUCH, CM0 8SH
Incorporated 27/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Anthony Thomas Axford Newman

director · Since 27/09/2012

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr William James Edward Tomalin

director · Since 27/09/2012

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Anthony Thomas Axford Newman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

Unit J, Mildmay Estate, Foundry Lane, Burnham On Crouch, CM0 8SH

Notified 01/06/2016

Mr William James Edward Tomalin

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 46

Unit J, Mildmay Estate, Foundry Lane, Burnham On Crouch, CM0 8SH

Notified 01/06/2016

CompanyRankvs 28662+ SIC 45200 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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90
4P. Goddard & Sons Limited
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90
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28662Gad Tuning Ltd
38
How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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 30/09/2024

Net Worth

-£52k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£6k

Current Liabilities

£48k

Fixed Assets

£16k

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£25k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13-£15k
20230.25-£16k
20220.52-£9k
20210.73+£4k
20200.50-£5k
20190.26+£2k
20180.22—

Derived from filed accounts. Not audited figures.