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Gasmate Ltd

12458706

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 115/119, FORT DUNLOP, BIRMINGHAM, B24 9FE
Incorporated 12/02/2020

Compliance

Last accounts

28/02/2025

unaudited abridged

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 18/07/2025

Due 01/08/2026

On track

Industry

71129
Other engineering activities

Officers

Mr Pragash Mahalingam

director · Since 12/02/2020

GAS ENGINEER

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Persons with Significant Control

Mr Pragash Mahalingam

75–100% shares
75–100% votes
Appoint directors

British · England · Age 44

Unit 115/119, Fort Dunlop, Fort Parkway, Birmingham, B24 9FE

Notified 12/02/2020

CompanyRankvs 21144+ SIC 71129 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees65th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 28/02/2025

Net Worth

-£10k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

Current Liabilities

£15k

Fixed Assets

£13k

2avg. employees

Balance Sheet

Assets less current liabilities-£32
Prepared with Taxfiler

EstimatesDerived

YearImplied Profit
2025-£389
2024+£2k
2023-£5k
2022-£3k

Derived from filed accounts. Not audited figures.