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Gyrogear Limited

10065147

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR 86-90 PAUL STREET, LONDON, EC2A4NE
Incorporated 16/03/2016

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 23/02/2025

Due 09/03/2026

Overdue

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Joon Faii Ong

director · Since 16/03/2016

DIRECTOR

MALAYSIAN · ENGLAND · Age 37

Mr Binayak Jung Thapa

director · Since 14/08/2019

NON-EXECUTIVE DIRECTOR

NEPALESE · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Joon Faii Ong

50–75% shares
50–75% votes
Appoint directors

Malaysian · England · Age 37

3rd Floor 86-90 Paul Street, Paul Street, London, EC2A4NE

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

SHABAD SURESH THADANI · MIHIR CHANDRA · JOSE MARIA D'ALMADA REMEDIOS · HARISH VIPEN HOON · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 22/10/2019Registered 04/11/2019Satisfied 07/09/2020

CompanyRankvs 2033+ SIC 28990 peers
26

Financial strength1th percentile among SIC peers · 0/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2033Gyrogear Limited
36
How is this score calculated?
Financial strength0/25 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.

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.

Longevity10/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going con

Key FinancialsYear ending 31/03/2025

Net Worth

-£1.5M

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£1.5M

Current Liabilities

£3.0M

Fixed Assets

£57k

Debtors

£1.4M

4avg. employees

Director Loans(2024)

Company owes directors£58k

Balance Sheet

Assets less current liabilities-£1.5M
Signed by Dr Joon Faii Ong 31 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.49+£0
20250.49-£557k
20240.65-£1.2M
20231.44-£1.5M
20226.17-£413k
20213.28+£3.0M
20200.40-£865k
2019-3.08—

Derived from filed accounts. Not audited figures.