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2gc Construction Ltd

10179624

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

35 PETTITS BOULEVARD, ROMFORD, RM1 4PL
Incorporated 13/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Gintaras Varanauskas

director · Since 13/05/2016

MANAGING DIRECTOR

LITHUANIAN · ENGLAND · Age 54

Also on 5 other boards

Persons with Significant Control

Mr Gintaras Varanauskas

75–100% shares
75–100% votes
Appoint directors

Lithuanian · England · Age 54

35, Pettits Boulevard, Romford, RM1 4PL

Notified 01/05/2017

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/11/2021Registered 24/11/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/01/2020Registered 13/01/2020Satisfied 13/08/2024
Charge
satisfied

FLEET MORTGAGES LIMITED

Created 15/08/2019Registered 15/08/2019Satisfied 28/04/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/03/2018Registered 10/03/2018Satisfied 16/08/2024

CompanyRankvs 97996+ SIC 68209 peers
43

Financial strength66th percentile among SIC peers · 17/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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979962gc Construction Ltd
53
How is this score calculated?
Financial strength17/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£25k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£128k

Working capital

Current Assets

£4k

Current Liabilities

£132k

Fixed Assets

£531k

Debtors

£1k

1avg. employees

Balance Sheet

Assets less current liabilities£403k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£32k
20240.02-£17k
20230.02-£25k
20220.20+£16k
20210.13+£26k
20200.17+£15k
2019—+£17k
20180.14—

Derived from filed accounts. Not audited figures.