Gm Elec Ltd
14433716
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/10/2022
ELECTRICIAN
BRITISH · ENGLAND · Age 42
Also on 1 other board
Persons with Significant Control
Mr Michael Figures
English · England · Age 37
147, Collingwood Drive, Birmingham, B43 7JN
Notified 20/10/2022
Mr Gary Alan Eddleston
British · England · Age 42
147, Collingwood Drive, Birmingham, B43 7JN
Notified 20/10/2022
CompanyRankvs 33758+ SIC 43210 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£153
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£25k
Working capital
Current Assets
£35k
Current Liabilities
£60k
Fixed Assets
£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.58 |
| 2023 | 1.00 |
Derived from filed accounts. Not audited figures.