Gcp Programme Funding 1 Limited
10286957
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2024
full
Next accounts due
31/03/2026
Confirmation statement
Last: 18/07/2025
Due 01/08/2026
Industry
Officers
director · Since 19/07/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 51 other boards
director · Since 04/02/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 46 other boards
director · Since 08/12/2023
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 45
Also on 68 other boards
director · Since 31/12/2025
BRITISH · UNITED KINGDOM · Age 45
Also on 79 other boards
Persons with Significant Control
Gcp Intermediary Holdings Limited
24, Savile Row, London, W1S 2ES
Reg: 08435196 · England · Ltd
Notified 19/07/2016
Charges2 outstanding
GRAVIS CAPITAL MANAGEMENT LTD AS SECURITY TRUSTEE
GRAVIS CAPITAL PARTNERS LIMITED LIABILITY PARTNERSHIP AS SECURITY TRUSTEE
CompanyRankvs 968650+ SIC 82990 peers27
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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
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. Material uncertainty related to going concern We draw attention to note 2.4 in the financial statements , which sets out the position of the Company with respect of going concern. Certain of the Company's loan debtors with a carrying
Key FinancialsYear ending 31/03/2024
Turnover
£18.3M
Annual revenue
Net Worth
-£29.1M
Balance sheet strength
Cash
£540k
Cash in the bank
Profit Before Tax
-£26.8M
Bottom line earnings
Net Current Assets
£180.1M
Working capital
Current Assets
£190.5M
Current Liabilities
£10.4M
Debtors
£177.6M
Cost of Sales
£18.4M
Gross Profit
-£149k
Admin Expenses
£18k
Operating Profit
-£26.8M
Profit After Tax
-£26.8M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 18.24 | -£26.8M |
| 2023 | 3.80 | -£638k |
| 2022 | 3.25 | +£6.1M |
| 2021 | 16.73 | +£2k |
| 2020 | 15.32 | -£7.9M |
| 2019 | 44.82 | — |
Derived from filed accounts. Not audited figures.