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Gillbac Limited

01886673

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

110 MULBERRY CLOSE, PAIGNTON, TQ3 3GD
Incorporated 15/02/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods
68209
Other letting and operating of own or leased real estate

Officers

Gillian Vafaey

secretary · Since 26/11/1991

BRITISH

Mrs Gillian Mary Vafaey

director · Since 08/06/2017

IMPORTER/EXPORTER

BRITISH · SPAIN · Age 65

Mr Barbac Vafaey

director · Since 31/07/2023

COMPANY DIRECTOR

BRITISH · SPAIN · Age 42

Mr Cameron Vafaey

director · Since 31/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Cameron Vafaey

secretary · Since 11/04/2025

Also on 1 other board

Persons with Significant Control

Mrs Gillian Mary Vafaey

75–100% shares

British · Spain · Age 65

110, Mulberry Close, Paignton, TQ3 3GD

Notified 01/08/2016

CompanyRankvs 66+ SIC 46190 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 11.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

Longevity15/15 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 31/10/2025

Net Worth

£2.7M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£2.5M

Current Liabilities

£218k

Fixed Assets

£528k

Debtors

£635k

3avg. employees

Balance Sheet

Assets less current liabilities£2.8M
Signed by 2024-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202511.44+£31k
20244.40-£584k
20231.43

Derived from filed accounts. Not audited figures.