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Gb Workwear Limited

09045677

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 BEE MILL PRESTON ROAD, PRESTON, PR3 3XL
Incorporated 19/05/2014

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 29/07/2025

Due 12/08/2026

On track

Industry

74909
Other professional, scientific and technical activities

Officers

Mr David Sim

director · Since 19/08/2025

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr David Sim

75–100% shares
75–100% votes
Appoint directors

British · England · Age 40

Unit 1 Bee Mill, Preston Road, Preston, PR3 3XL

Notified 19/08/2025

Former PSCs

Mr Ian Andrew Vause

Ceased 20/01/2021

Mr David Sim

Ceased 01/01/2023

Ms Susan Jane Moss

Ceased 19/08/2025

Charges1 outstanding

Charge
outstanding

ADVANTEDGE COMMERCIAL FINANCE (NORTH) LTD

Created 05/03/2021Registered 08/03/2021

CompanyRankvs 11322+ SIC 74909 peers
64

Financial strength71th percentile among SIC peers · 18/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees13/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2024

Net Worth

£29k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£119k

Current Liabilities

£77k

Fixed Assets

£8k

3avg. employees

Tax at Year End

VAT£37k

Balance Sheet

Bank loans & overdrafts£24k
Assets less current liabilities£51k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.56+£18k£740k
20231.47£668k

Derived from filed accounts. Not audited figures.