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Garmac Engineering Limited

11294234

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

LEEWARD HOUSE, LAMBROOK ROAD, ILMINSTER, TA19 0LZ
Incorporated 05/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Gareth David Mcaveety

director · Since 05/04/2018

ENGINEER

BRITISH · ENGLAND · Age 43

Also on 3 other boards

CompanyRankvs 12550+ SIC 71121 peers
70

Financial strength86th percentile among SIC peers · 22/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 92.23× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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1255Garmac Engineering Limited
70
How is this score calculated?
Financial strength22/25 pts

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

Employees5/15 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.

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 30/04/2025

Net Worth

£108k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£80k

Current Liabilities

£868

Fixed Assets

£36k

Debtors

£30k

1avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£115k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
202592.23-£62k
202433.49-£81k
20238.29+£90k
20228.03+£41k
20213.21+£65k
20201.91+£30k

Derived from filed accounts. Not audited figures.