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Gemcal Service Ltd

12345237

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

181 FOREST ROAD, HAINAULT, IG6 3HZ
Incorporated 03/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33120
Repair of machinery
33190
Repair of other equipment
33200
Installation of industrial machinery and equipment

Officers

Mr Viresh Chandarana

director · Since 03/12/2019

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Persons with Significant Control

Mr Viresh Chandarana

75–100% shares

British · United Kingdom · Age 45

181, Forest Road, Hainault, IG6 3HZ

Notified 03/12/2019

CompanyRankvs 3319+ SIC 33120 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.81× · 6/20
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 strength0/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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

-£108k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£113k

Working capital

Current Assets

£467k

Current Liabilities

£579k

Fixed Assets

£29k

13avg. employees+1

Balance Sheet

Assets less current liabilities-£83k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81-£121k
20231.05-£39k
20221.19+£10k
20211.42

Derived from filed accounts. Not audited figures.