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Ge Engineering Ltd

14362536

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

8 PROGRESS WAY, EYE, IP23 7HU
Incorporated 16/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production
71129
Other engineering activities

Officers

Mr Gareth Julian Edwards

director · Since 16/09/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 9 other boards

Persons with Significant Control

Mr Gareth Julian Edwards

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

British · England · Age 56

8 Progress Way, Mid Suffolk Business Park, Eye, IP23 7HU

Notified 16/09/2022

Charges1 outstanding

Charge
outstanding

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 20/03/2025Registered 21/03/2025
Charge
satisfied

PARAGON BUSINESS FINANCE PLC

Created 20/04/2023Registered 24/04/2023Satisfied 01/04/2025

CompanyRankvs 6014+ SIC 71121 peers
33

Financial strength16th percentile among SIC peers · 4/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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.

Longevity4/15 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 30/09/2024

Net Worth

£1

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£179k

Current Liabilities

£187k

Fixed Assets

£8k

9avg. employees

Balance Sheet

Assets less current liabilities£1
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.96
20230.92

Derived from filed accounts. Not audited figures.