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Gate Systems Limited

11104529

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

UNIT 6 WILLOWBROOK TECHNOLOGY PARK LLANDOGO ROAD, CARDIFF, CF3 0EF
Incorporated 11/12/2017

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/01/2026

Due 16/01/2027

On track

Industry

43290
Other construction installation

Officers

Mr Karl Neil Parker

director · Since 11/12/2017

COMPANY DIRECTOR

BRITISH · WALES · Age 41

Mr Ian Donovan

director · Since 01/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Mrs Helen Gallagher

director · Since 01/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Karl Neil Parker

25–50% shares
25–50% votes

British · Wales · Age 41

Unit 6 Willowbrook Technology Park, Llandogo Road, Cardiff, CF3 0EF

Notified 11/12/2017

Mr Ian Donovan

25–50% shares
25–50% votes

British · United Kingdom · Age 59

Unit 6 Willowbrook Technology Park, Llandogo Road, Cardiff, CF3 0EF

Notified 01/01/2022

Mrs Helen Gallagher

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Unit 6 Willowbrook Technology Park, Llandogo Road, Cardiff, CF3 0EF

Notified 01/01/2022

CompanyRankvs 13814+ SIC 43290 peers
54

Financial strength42th percentile among SIC peers · 11/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.91× · 6/20
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 strength11/25 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.

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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£84k

Current Liabilities

£92k

Fixed Assets

£22k

Debtors

£56k

4avg. employees-1

Balance Sheet

Assets less current liabilities£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91-£8k
20231.09

Derived from filed accounts. Not audited figures.