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Gmg Somerset Limited

12268202

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

50 HIGH STREET, TAUNTON, TA1 3PR
Incorporated 17/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Mr Nicholas John Girone-Maddocks

director · Since 17/10/2019

SALES DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Benjamin Robert Grant

director · Since 17/10/2019

SALES DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Benjamin Robert Grant

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 45

37, Denning Close, Taunton, TA1 4NN

Notified 17/10/2019

Mr Nicholas John Girone-Maddocks

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 54

South View Cottage, Runnington, Wellington, TA21 0QW

Notified 17/10/2019

Charges1 outstanding

Charge
outstanding

MARC HAYDN RICHARDS · MARK PHILIP GIBBINS · SIMON PAUL EVANS

Created 09/08/2021Registered 23/08/2021

CompanyRankvs 14929+ SIC 68310 peers
36

Financial strength49th percentile among SIC peers · 12/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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14929Gmg Somerset Limited
45
How is this score calculated?
Financial strength12/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£331

Balance sheet strength

Cash

£938

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£11k

Current Liabilities

£1.2M

Debtors

£10k

2avg. employees

Balance Sheet

Assets less current liabilities£331
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20250.01
20240.01
20230.00

Derived from filed accounts. Not audited figures.