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Gg Engineering Solutions Ltd

11747097

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)
  • Negative net worth (-10)

Details

9 DUNLIN CLOSE, BOSTON, PE21 7FJ
Incorporated 02/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs Laimute Geralaviciene

director · Since 14/09/2020

DIRECTOR

LITHUANIAN · UNITED KINGDOM · Age 62

Persons with Significant Control

Mrs Laimute Geralaviciene

75–100% shares

Lithuanian · United Kingdom · Age 62

9, Dunlin Close, Boston, PE21 7FJ

Notified 14/09/2020

Former PSCs

Mr Grazvydas Geralavicius

Ceased 14/09/2020

CompanyRankvs 10821+ SIC 71129 peers
56

Financial strength12th percentile among SIC peers · 3/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.92× · 20/20
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 strength3/25 pts

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

Employees10/15 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 31/01/2025

Net Worth

-£335

Balance sheet strength

Cash

£136

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£9k

Current Liabilities

£2k

Debtors

£9k

2avg. employees

Tax at Year End

Corp tax£862

Director Loans(2023)

Directors owe company£3k

Balance Sheet

Assets less current liabilities£7k
Signed by Mrs Laimute Geralaviciene 30th October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20253.92
20245.72
20231.67

Derived from filed accounts. Not audited figures.