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Gears In Motion Ltd

15504608

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

OLD BANK BUILDINGS, CRADLEY HEATH, B64 5HY
Incorporated 19/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28150
Manufacture of bearings, gears, gearing and driving elements
71121
Engineering design activities for industrial process and production

Officers

Mr Perry Ware

director · Since 19/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Miss Ella Ware

director · Since 10/07/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 28

Persons with Significant Control

Mr Perry Ware

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 65

Old Bank Buildings, Upper High Street, Cradley Heath, B64 5HY

Notified 19/02/2024

Miss Ella Ware

25–50% shares
25–50% votes

British · England · Age 28

Old Bank Buildings, Upper High Street, Cradley Heath, B64 5HY

Notified 23/08/2024

CompanyRankvs 89+ SIC 28150 peers
63

Financial strength71th percentile among SIC peers · 18/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.24× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees7/15 pts

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

Liquidity20/20 pts

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

Longevity3/15 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 30/11/2025

Net Worth

£292k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£244k

Working capital

Current Assets

£319k

Current Liabilities

£75k

Fixed Assets

£49k

1avg. employees+2

Balance Sheet

Assets less current liabilities£293k
Prepared with v2026.27.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20254.24+£171k
20242.78—

Derived from filed accounts. Not audited figures.