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G A Marine Engineering Ltd

11113909

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT V1, SOUTHAMPTON, SO14 5FB
Incorporated 15/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33150
Repair and maintenance of ships and boats

Officers

Mr Gary Michael Clarke

director · Since 15/12/2017

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Mr Brian Anthony Needle

director · Since 15/12/2017

WELDER FABRICATOR

BRITISH · ENGLAND · Age 64

Also on 9 other boards

Mr James Christopher Needle

director · Since 15/12/2017

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Mr Dave Salter

director · Since 15/12/2017

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Dave Salter

Significant control

British · United Kingdom · Age 58

Unit 21 Longbridge Industrial Park, Floating Bridge Road, Southampton, SO14 3FL

Notified 15/12/2017

Mr Gary Michael Clarke

Significant control

British · United Kingdom · Age 61

Unit 21 Longbridge Industrial Park, Floating Bridge Road, Southampton, SO14 3FL

Notified 15/12/2017

Mr Brian Anthony Needle

Significant control

British · England · Age 64

Unit 21 Longbridge Industrial Park, Floating Bridge Road, Southampton, SO14 3FL

Notified 15/12/2017

Mr James Christopher Needle

Significant control

British · United Kingdom · Age 39

Unit 21 Longbridge Industrial Park, Floating Bridge Road, Southampton, SO14 3FL

Notified 15/12/2017

CompanyRankvs 2090+ SIC 33150 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

£721k

Balance sheet strength

Cash

£861k

Cash in the bank

Net Current Assets

£667k

Working capital

Current Assets

£1.5M

Current Liabilities

£798k

Fixed Assets

£54k

Debtors

£604k

3avg. employees-1

Balance Sheet

Assets less current liabilities£721k
Signed by Mr Brian Needle 22/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.84+£164k
20235.25+£34k
20223.38-£289k
20212.11+£243k
20201.64+£445k
20191.03+£74k
20180.79

Derived from filed accounts. Not audited figures.