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Gigability Broadband Limited

12065685

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

1ST FLOOR, BLOCK C, THE WHARF, BURNLEY, BB11 1JG
Incorporated 24/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42220
Construction of utility projects for electricity and telecommunications

Officers

Mr Stephen Francis Thorp

director · Since 30/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 8 other boards

Persons with Significant Control

Gigability Group Limited

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

2, Milton Gardens, Princes Risborough, HP27 9DD

Reg: 15431713 · United Kingdom · Private Limited Company

Notified 30/01/2024

Former PSCs

Mr Philip Andrew Walker

Ceased 05/01/2024

Mr David Swanston

Ceased 30/01/2024

CompanyRankvs 2427+ SIC 42220 peers
30

Financial strength4th percentile among SIC peers · 1/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity7/15 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

-£106k

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£69k

Current Liabilities

£175k

Debtors

£2k

1avg. employees
Signed by 12065685 2024-06-30 2024-12-31 12065685 2024-12-31 12065685 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-12-31 Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40-£210k
20240.52

Derived from filed accounts. Not audited figures.