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Gt Agricultural Engineering Limited

10925980

active
Private Limited Company
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

BANK HOUSE THE LAWNS, PETERBOROUGH, PE3 6AB
Incorporated 21/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33120
Repair of machinery

Officers

Ellie Louise Merrison

secretary · Since 21/08/2017

Mr George Samuel Merrison

director · Since 21/08/2017

ENGINEER

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Ellie Louise Merrison

25–50% shares
25–50% votes

British · United Kingdom · Age 30

Bank House, The Lawns, Peterborough, PE3 6AB

Notified 21/08/2017

Mr George Samuel Merrison

25–50% shares
25–50% votes

British · England · Age 32

Bank House, The Lawns, Peterborough, PE3 6AB

Notified 21/08/2017

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 05/05/2022Registered 24/05/2022Satisfied 19/09/2024
Charge
satisfied

LLOYDS BANK PLC

Created 01/03/2022Registered 01/03/2022Satisfied 19/09/2024

CompanyRankvs 1885+ SIC 33120 peers
58

Financial strength76th percentile among SIC peers · 19/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees13/15 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.

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.

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

£101k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£160k

Working capital

Current Assets

£140k

Current Liabilities

£303k

Fixed Assets

£266k

6avg. employees+1

Tax at Year End(2022)

Corp tax£6k

Director Loans(2021)

Company owes directors£98k

Balance Sheet

Assets less current liabilities£106k
Signed by 10925980 2023-09-01 2024-08-31 10925980 2024-08-31 10925980 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.46+£42k
20230.59+£21k
20220.60+£22k
20210.61+£12k£417k
20200.50-£7k£247k
20190.44+£22k
20180.13

Derived from filed accounts. Not audited figures.