G&M Euro Tex Ltd
09746938
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/03/2022
CHIEF COMMERCIAL OFFICER
BRITISH · ENGLAND · Age 55
Also on 7 other boards
director · Since 01/04/2022
OPERATIONS DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 2 other boards
director · Since 01/04/2022
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 2 other boards
secretary · Since 18/10/2022
Persons with Significant Control
Tex Group Limited
Unit 25, Claydon Business Park, Ipswich, IP6 0NL
Reg: 00405838 · Uk Registry Of Companies · Private Limited Company
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
NATIONAL WESTMINSTER BANK PLC
EDWARD LE BAS PROPERTIES LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 217+ SIC 27110 peers26
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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
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2.3 in the financial statements, which indicates that the Company had net liabilities as at 31 March 2021 and is dependent on the parent entity (Tex Group Limited) continu
Key FinancialsYear ending 31/03/2021
Net Worth
£2
Balance sheet strength
Cash
£47k
Cash in the bank
Profit Before Tax
£437k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£1.3M
Fixed Assets
£14k
Debtors
£1.0M
Profit After Tax
£466k
People Costs