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Geobear Ltd

10730994

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1 THE DELL BUSINESS PARK ENTERPRISE DRIVE, WOLVERHAMPTON, WV10 7DF
Incorporated 19/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
43330
Floor and wall covering

Officers

Mr Otso Oiva Lahtinen

director · Since 10/01/2018

DIRECTOR

FINNISH · FINLAND · Age 37

Also on 2 other boards

Mr Peter Paul Luby

director · Since 16/11/2023

CHIEF OPERATING OFFICE

BRITISH · ENGLAND · Age 52

Also on 2 other boards

CompanyRankvs 18997+ SIC 41201 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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18997Geobear Ltd
41
How is this score calculated?
Financial strength0/25 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.

Longevity9/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 31/12/2022

Net Worth

-£232k

Balance sheet strength

Cash

£178k

Cash in the bank

Net Current Assets

-£499k

Working capital

Current Assets

£4.1M

Current Liabilities

£4.6M

Fixed Assets

£725k

Debtors

£3.9M

14avg. employees+4

Balance Sheet

Assets less current liabilities£226k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.89-£571k
20211.05+£122k
20201.00+£582k
20190.43-£433k
20181.18—

Derived from filed accounts. Not audited figures.