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Gem Hire Limited

10124889

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

960 CAPABILITY GREEN, LUTON, LU1 3PE
Incorporated 14/04/2016

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/06/2025

Due 25/06/2026

On track

Industry

53202
Unlicensed carriers

CompanyRankvs 41540+ SIC 53202 peers
47

Financial strength24th percentile among SIC peers · 6/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.59× · 6/20
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 strength6/25 pts

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

Employees10/15 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.

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 31/10/2024

Net Worth

£1

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£2.4M

Working capital

Current Assets

£3.4M

Current Liabilities

£5.8M

Fixed Assets

£10k

Debtors

£3.4M

2avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities-£2.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.59

Derived from filed accounts. Not audited figures.