GEL SYSTEMS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-18 (in 9mo)
Last made up 2026-02-04
Watchouts
None on the register
Cash
£2M
-23.9% vs 2023
Net assets
£15M
+7.2% highest in 6 filed years
Employees
26
0% vs 2023
Profit before tax
£2M
-4.7% vs 2023
Name history
Renamed 1 time since incorporation
- GEL SYSTEMS LIMITED 1982-07-22 → present
- BLENFOODS (UK) LIMITED 1982-01-28 → 1982-07-22
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | £17,542,300 | £19,726,378 | £21,332,340 | £27,217,579 | £26,832,849 | £23,670,435 | |
| Operating profit | £1,462,249 | £974,786 | £1,761,500 | £3,594,595 | £2,462,275 | £2,301,575 | |
| Profit before tax | £1,462,274 | £972,053 | £1,761,500 | £3,594,595 | £2,452,927 | £2,336,888 | |
| Net profit | — | — | — | — | £1,850,995 | £1,860,603 | |
| Cash | £793,379 | £1,213,072 | £1,110,013 | £1,039,457 | £2,833,105 | £2,155,286 | |
| Total assets less current liabilities | — | — | — | £12,880,725 | £13,933,720 | £15,303,627 | |
| Net assets | £9,497,220 | £9,738,387 | £10,587,058 | £12,880,725 | £13,933,720 | £14,934,323 | |
| Equity | £9,497,220 | £9,738,387 | £10,587,058 | £12,880,725 | £13,933,720 | £14,934,323 | |
| Average employees | 23 | 25 | 28 | 27 | 26 | 26 | |
| Wages | £1,094,325 | £1,105,628 | £1,187,951 | £1,415,374 | £1,471,332 | £1,417,801 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 8.3% | 4.9% | 8.3% | 13.2% | 9.2% | 9.7% | |
| Net margin | — | — | — | — | 6.9% | 7.9% | |
| Return on capital employed | — | — | — | 27.9% | 17.7% | 15.0% | |
| Current ratio | — | — | — | — | 4.71x | 4.69x | |
| Interest cover | — | 356.67x | — | — | 263.40x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Barnes Roffe LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “There have been no significant events affecting the Company since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RAYNSFORD, Hayley | Secretary | 2005-01-01 | — | British |
| MELLOR, Thomas Guy | Director | 2010-01-01 | Apr 1972 | British |
| RAYNSFORD, Frederick Michael John | Director | — | Aug 1947 | British |
| RAYNSFORD, Hayley Susannah | Director | 2008-01-01 | Jan 1974 | British |
| WOODS, Graham Spencer | Director | — | Sep 1945 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RAYNSFORD, Frederick Michael John | Secretary | — | 2005-01-01 |
| CHEW, Peter | Director | 2014-01-01 | 2015-05-28 |
| DODD, Herbert George | Director | — | 2007-12-06 |
| ROBERTS, Janet | Director | 2008-01-01 | 2012-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Castlebridge Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 126 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-24 | CH01 | officers | Change person director company with change date | |
| 2026-02-24 | CH01 | officers | Change person director company with change date | |
| 2025-06-06 | AA | accounts | Accounts with accounts type full | |
| 2025-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-26 | CH01 | officers | Change person director company with change date | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-06-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-06 | AA | accounts | Accounts with accounts type full | |
| 2023-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-09-16 | AA | accounts | Accounts with accounts type full | |
| 2022-02-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full | |
| 2021-04-28 | CH01 | officers | Change person director company with change date | |
| 2021-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-11.8%
£26,832,849 £23,670,435
-
Cash
-23.9%
£2,833,105 £2,155,286
-
Net assets
+7.2%
£13,933,720 £14,934,323
highest in 6 filed years
-
Employees
0%
26 26
-
Operating profit
-6.5%
£2,462,275 £2,301,575
-
Profit before tax
-4.7%
£2,452,927 £2,336,888
-
Wages
-3.6%
£1,471,332 £1,417,801
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers