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Gastight Mk Ltd

10333678

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

106 WHALLEY DRIVE, MILTON KEYNES, MK3 6HU
Incorporated 17/08/2016

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 21/05/2025

Due 04/06/2026

Overdue

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Sean Adam Davies

director · Since 17/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 37

CompanyRankvs 11968+ SIC 43220 peers
61

Financial strength51th percentile among SIC peers · 13/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.39× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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11968Gastight Mk Ltd
60
How is this score calculated?
Financial strength13/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/08/2024

Net Worth

£5k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£19k

Current Liabilities

£8k

Fixed Assets

£4k

Debtors

£15k

1avg. employees

Tax at Year End

VAT-£1k

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities£15k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20242.39+£3k
20231.12—

Derived from filed accounts. Not audited figures.