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G6 Developments Limited

09241303

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

230 MOSTON LANE, MANCHESTER, M40 9NS
Incorporated 30/09/2014

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 11/05/2025

Due 25/05/2026

On track

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mrs Julie Janet Gallagher

director · Since 30/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Mr Michael Thomas Gallagher

director · Since 30/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mr Michael Thomas Gallagher

25–50% shares

British · United Kingdom · Age 62

230 Moston Lane, Moston, Manchester, M40 9NS

Notified 30/09/2016

Mrs Julie Janet Gallagher

25–50% shares

British · United Kingdom · Age 66

230 Moston Lane, Moston, Manchester, M40 9NS

Notified 30/09/2016

Charges13 outstanding

Charge
outstanding

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THE ROYAL BANK OF SCOTLAND PLC

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outstanding

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outstanding

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CompanyRankvs 2996+ SIC 68201 peers
55

Financial strength91th percentile among SIC peers · 23/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength23/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

£409k

Balance sheet strength

Cash

£138k

Cash in the bank

Net Current Assets

-£239k

Working capital

Current Assets

£293k

Current Liabilities

£532k

Fixed Assets

£1.2M

Debtors

£155k

1avg. employees

Balance Sheet

Assets less current liabilities£919k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55+£78k
20230.36+£77k
20220.53+£51k
20210.45+£79k
20200.34+£34k
20190.26+£29k

Derived from filed accounts. Not audited figures.