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Gas-Elec Safety (Uk) Ltd

10310709

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD BOMBSTORE SUMMER ROAD, BURY ST. EDMUNDS, IP31 3AJ
Incorporated 03/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Nicholas Paul Morton

director · Since 03/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Mr John Steven Dearlove

director · Since 14/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 5 other boards

Persons with Significant Control

Hillingdon (Mansfield) Ltd

75–100% shares

The Old Bombstore, Summer Road, Bury St. Edmunds, IP31 3AJ

Reg: 09140097 · Companies House · Limited Company

Notified 31/03/2024

Former PSCs

Mr Nicholas Paul Morton

Ceased 01/03/2017

Mr Richard James Curl

Ceased 01/03/2017

Mr Ian Seabridge

Ceased 01/03/2017

Gas Elec Holdings Limited

Ceased 31/03/2024

Charges1 outstanding

Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 25/01/2024Registered 26/01/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 20/11/2019Registered 27/11/2019Satisfied 12/12/2024
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 12/10/2018Registered 17/10/2018Satisfied 18/12/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 20/01/2017Registered 24/01/2017Satisfied 18/12/2023

CompanyRankvs 34128+ SIC 74909 peers
43

Financial strength26th percentile among SIC peers · 7/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees15/15 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.

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 31/03/2024

Net Worth

£3

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£322k

Working capital

Current Assets

£439k

Current Liabilities

£761k

Fixed Assets

£239k

Debtors

£435k

62avg. employees+46

Balance Sheet

Intangible assets£232k
Assets less current liabilities-£83k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58
20230.44
20220.58
20210.50
20200.31
20190.34-£9k
20180.28

Derived from filed accounts. Not audited figures.