Gel Engineering Limited

Active08032283 Private limited company
Incorporated
16 April 2012 (14 years)
Industry
Other construction installation (43290)
Directors
George Barrie Edwards
Matthew James Ratnam Velupillai
Accounts type
Group
Region
Greater London
Address
Suite 62
The Wenta Business Centre
1 Electric Avenue
Enfield
EN3 7XU

Filing status

Accounts due
5 March 2027
Last accounts
31 May 2025
Conf. stmt due
30 April 2027
Last conf. stmt
16 April 2026

Charges

Total
3
Outstanding
1
Part satisfied
0
Satisfied
2

Officers 4 active

Officer details are public data from the Companies House register.

Edwards, George Barrie
Director · Appointed 1 October 2025
British
Born July 1990 (36)
Velupillai, Matthew James Ratnam
Director · Appointed 28 November 2024
British
Born May 1990 (36)
Director · Appointed 1 June 2016
Irish
Born February 1985 (41)
Director · Appointed 16 April 2012
British
Born August 1986 (40)
Officer history (1 former)
1 October 2025
Appointed Edwards, George Barrie as Director
28 November 2024
Appointed Velupillai, Matthew James Ratnam as Director
30 September 2024
Resigned Weeks, Glyn Eric as Director
1 June 2016
Appointed Gibson, Oisin Henry as Director
9 July 2014
Appointed Weeks, Glyn Eric as Director
16 April 2012
Appointed Andrews, Lee Colston as Director

Ownership 4 active

People and entities with significant control, from the Companies House PSC register

Individual · Notified 6 April 2016
Has significant influence or control
British
Born August 1986 (40)
Individual · Notified 6 April 2016
Has significant influence or control
Irish
Born February 1985 (41)
Corporate entity · Notified 6 April 2016
Owns 25–50% of shares
Limited Company
Reg. no. 9874625
Corporate entity · Notified 6 April 2016
Owns 25–50% of shares
Limited Company
Reg. no. 9124950
Former controllers (2)
30 September 2024
Ceased Gly Eric Weeks — Has significant influence or control
30 September 2024
Ceased 13G Engineering Ltd — Owns 25–50% of shares

Group structure 6 companies

Ownership group derived from the Companies House PSC register

Gel Engineering Limited This company Owns 25–50% of shares
Hydrofast Limited Owns 50–75% of shares
Lowestoft Offshore Services Limited Owns 75–100% of shares
Powerad Holdings Ltd Owns 25–50% of shares
Powerad Ltd Owns 75–100% of shares

Financials

Balance sheet as at 31 May 2025 · group accounts

Net Assets
£3,850,473
Cash
£284,327
Profit
£1,516,545
Employees
150
Debt Ratio
70%
Current Ratio
1.4x
Return on Equity
39%

Trend

Net Assets
£0 £5.0M £10.0M 2020 2021 2022 2023 2024 2025 £1,148,322 £1,148,874 £1,589,962 £4,239,315 £5,277,866 £3,850,473
Balance sheet detail
202520242023202220212020
Fixed Assets£1,936,351£2,202,363£2,581,357£1,904,819£1,653,094£1,262,939
Current Assets£10,889,083£11,455,006£10,253,682£7,619,981£4,208,291£3,352,213
Debtors£2,735,762£2,480,905
Cash£284,327£1,549,955£1,493,124£1,855,949£1,472,529£871,308
Creditors (< 1 year)£7,942,471£4,880,257£5,886,444£4,683,749£2,582,901£2,252,683
Creditors (> 1 year)£566,192£3,104,519£2,709,280£3,251,089£2,129,610£1,214,147
Net Current Assets£2,946,612£6,574,749£4,367,238£2,936,232£1,625,390£1,099,530
Net Assets£3,850,473£5,277,866£4,239,315£1,589,962£1,148,874£1,148,322
Shareholder Funds£3,850,473£5,277,866£4,239,315£1,589,962£1,148,874£1,148,322

Turnover£18,268,104£11,979,245£6,851,720
Cost of Sales£14,233,353£9,697,710£5,326,960
Gross Profit£4,034,751£2,281,535£1,524,760
Admin Expenses£1,729,779£1,055,928£676,733
Staff Costs£3,407,340
Profit Before Tax£2,269,899£1,954,670£849,651
Tax£162,297£67,301£66,637£113,452£4,118£73,303
Profit for Period£1,516,545£2,176,089£2,649,353£2,156,447£1,950,552£776,348

Filings

Recent filings only. See the full history on Companies House

DateDescriptionMade Up ToPagesPDF
4 June 2026Group of companies' accounts31 May 2025
8 May 2026Confirmation statement with updates16 April 2026
16 April 2026Appointment of a director
25 February 2026Other filing—
30 October 2025Statement of capital following an allotment of shares
Show all recent filings

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