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Gec Power Limited

13644811

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 22A, NEWCASTLE UPON TYNE, NE3 2EF
Incorporated 27/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35140
Trade of electricity

Officers

Mr Greg Michael David Lake

director · Since 27/09/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Mr Mark Gray

director · Since 12/09/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Frankie Parker

director · Since 12/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 5 other boards

Persons with Significant Control

Mr Greg Michael David Lake

25–50% shares
25–50% votes

British · United Kingdom · Age 41

Unit 22a, Airport Industrial Estate, Newcastle Upon Tyne, NE3 2EF

Notified 27/09/2021

Mr Frankie Parker

25–50% shares
25–50% votes

British · United Kingdom · Age 36

Unit 22a, Airport Industrial Estate, Newcastle Upon Tyne, NE3 2EF

Notified 12/09/2022

Mr Mark Gray

25–50% shares
25–50% votes

British · England · Age 64

Unit 22a, Airport Industrial Estate, Newcastle Upon Tyne, NE3 2EF

Notified 16/09/2022

Former PSCs

Mr Frankie Parker

Ceased 06/04/2022

Mr Mark Gray

Ceased 22/08/2022

Mr Greg Lake

Ceased 24/03/2025

Mr Mark Gray

Ceased 24/03/2025

CompanyRankvs 341+ SIC 35140 peers
70

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity12/20 pts

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

Longevity5/15 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

£279k

Balance sheet strength

Cash

£324k

Cash in the bank

Net Current Assets

£293k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.4M

Fixed Assets

£236k

Debtors

£1.2M

16avg. employees+6

Balance Sheet

Assets less current liabilities£528k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.21+£225k
20241.09+£42k
20231.00

Derived from filed accounts. Not audited figures.