£6.47m
+1%vs Dec 2023Active10345423Private limited companyCambridge
GEARSET LIMITED
Significant control: Simon David Galbraith (50–75%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Business and domestic software development (SIC 62012). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
GEARSET LIMITED is an active private limited company (company number 10345423) incorporated on 25 August 2016, registered in Cambridge. Its registered activity is business and domestic software development (SIC 62012). Latest group accounts cover the period ending 31 December 2024, showing net assets of £6.47m and cash of £17.09m, with 262 employees on average. Net assets rose 1% on the prior period (£6.43m).
Peer position · net assets
By net assets it sits in the top quarter of 507 comparable companies in Cambridge (median £2,422, upper quartile £56k).
02
Ownership and control
- Simon David Galbraith
- owns 50–75% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 25 August 201610 yrs ago
- Next accounts due
- 30 September 202624 days overdue
- Confirmation statement due
- 8 September 2027in 319 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62012
- Business and domestic software development
- Accounts type
- Group
- Size band
- SmallCompanies Act thresholds
05
Financials
£17.09m
−1%vs Dec 2023Not reported
262
+22%vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £6.47m | £17.09m | — | £27.34m | — | −£997k | 262 |
| 31 December 2023 | £6.43m | £17.29m | — | £16.40m | — | −£3.29m | 214 |
| 1 January 2023 | — | — | — | — | — | — | — |
Current ratio0.93Current assets ÷ creditors within one year
Cash per employee£65kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £6,471,991 at 31 December 2024
- Current assets below creditors within one yearCurrent ratio 0.93
- Cash at bank of £50,000 or moreCash £17,088,659
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 25 August 2016
- Accounts past their due dateDue 30 September 2026
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 319 days
- Next accounts due24 days overdue
- Accounts period endNet assets £6.47m · group accounts
- Accounts period endNet assets £6.43m · group accounts
- Accounts period end
- Incorporated
08
Similar companies in Cambridge
- RED GATE SOFTWARE GROUP LIMITEDCambridge · inc. Aug 2016
- 3T SOFTWARE LABS GROUP LIMITEDCambridge · inc. Aug 2016
- CAMBRIDGE AGILE SOLUTIONS LTDSaffron Walden · inc. Aug 2016
- CHERP LTDCambridge · inc. Aug 2016
- SIGDEV LIMITEDCambridge · inc. Jul 2016
- TACTFUL LTD.Cambridge · inc. Jul 2016
All companies incorporated on 25 August 2016 · in Aug 2016.
09
Reminders for GEARSET LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.