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Garashield Limited

10094029

active
Private Limited Company
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)

Details

12-13 WOODSIDE INDUSTRIAL ESTATE, LETCHWORTH GARDEN CITY, SG6 1LA
Incorporated 31/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr David Andrew Poole

director · Since 31/03/2016

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 4 other boards

Mr Matthew Stephen Skeggs

director · Since 18/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 4 other boards

Persons with Significant Control

Mr David Andrew Poole

25–50% shares
25–50% votes

British · England · Age 63

12-13 Woodside Industrial Estate, Works Road, Letchworth Garden City, SG6 1LA

Notified 06/04/2016

Mr Matthew Stephen Skeggs

25–50% shares
25–50% votes

British · England · Age 42

12-13 Woodside Industrial Estate, Works Road, Letchworth Garden City, SG6 1LA

Notified 18/04/2016

CompanyRankvs 34502+ SIC 62012 peers
40

Financial strength7th percentile among SIC peers · 2/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£36k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£14k

Current Liabilities

£50k

Debtors

£11k

2avg. employees

Balance Sheet

Assets less current liabilities-£36k
Signed by Mr Matthew Skeggs 4th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.28-£37k
20241.01-£167k
20232.17+£923k
20221.11-£98k
20210.82
20200.35

Derived from filed accounts. Not audited figures.