Gbmf Engineering Limited
09446839
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/02/2015
DIRECTOR
ENGLISH · UNITED KINGDOM · Age 61
Also on 2 other boards
Persons with Significant Control
Mr Neil Brian Shakespeare
British · England · Age 61
91 Haltwhistle Road, South Woodham Ferrers, Chelmsford, CM3 5ZA
Notified 06/04/2016
Charges1 outstanding
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
RBS INVOICE FINANCE LTD
CompanyRankvs 2623+ SIC 25110 peers22
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
charge over the company assets. 9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 The auditor's report for the year ended 31 March 2024 was unqualified. Material uncertainty relating to going concern We draw your attention to note 2 regarding going concern. As at 31 March 2024 the company incurred a net loss of £279,664 and, as of that date, the company's net liabilities were £1,030,34
Key FinancialsYear ending 31/03/2024
Net Worth
-£1.0M
Balance sheet strength
Cash
£49k
Cash in the bank
Net Current Assets
-£756k
Working capital
Current Assets
£578k
Current Liabilities
£1.3M
Fixed Assets
£977k
Debtors
£517k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.43 | -£280k |
| 2023 | 0.58 | -£96k |
| 2022 | 0.52 | -£79k |
| 2021 | 0.19 | -£99k |
| 2020 | 0.37 | -£111k |
| 2019 | 0.41 | — |
Derived from filed accounts. Not audited figures.