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Gilligad Abbeylace Ltd

02376383

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

70 DOWSETT ROAD, LONDON, N17 9DD
Incorporated 26/04/1989

Compliance

Last accounts

28/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 26/04/2025

Due 10/05/2026

Overdue

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Rajendra Ambalal Patel

director · Since 26/04/1991

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 6 other boards

Persons with Significant Control

Mr Rajindra Patel

25–50% shares

British · England · Age 73

70, Dowsett Road, London, N17 9DD

Notified 06/04/2016

Former PSCs

Mrs Chandrika Rajendra Patel

Ceased 01/06/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 18/12/2013Registered 20/12/2013
charge
satisfied

FORTIS BANK SA-NV

Created 26/03/2001Registered 05/04/2001Satisfied 20/06/2013
charge
satisfied

FORTIS BANK SA-NV

Created 26/03/2001Registered 05/04/2001Satisfied 20/06/2013
charge
satisfied

FORTIS BANK SA-NV

Created 26/03/2001Registered 05/04/2001Satisfied 20/06/2013
charge
satisfied

AAH PHARMACEUTICALS LIMITED

Created 22/03/2001Registered 24/03/2001Satisfied 20/06/2013
charge
satisfied

LLOYDS BANK PLC

Created 23/05/1991Registered 07/06/1991Satisfied 04/12/2002
charge
satisfied

LLOYDS BANK PLC

Created 14/09/1990Registered 25/09/1990Satisfied 30/03/2002
charge
satisfied

LLOYDS BANK PLC

Created 05/03/1990Registered 26/03/1990Satisfied 03/01/2003
charge
satisfied

LLOYDS BANK PLC

Created 20/12/1989Registered 03/01/1990Satisfied 03/01/2003

CompanyRankvs 741+ SIC 47730 peers
68

Financial strength76th percentile among SIC peers · 19/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees9/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 29/05/2024

Net Worth

£274k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£282k

Working capital

Current Assets

£368k

Current Liabilities

£86k

Fixed Assets

£12k

5avg. employees

Balance Sheet

Assets less current liabilities£294k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.28-£109k
20236.00-£71k
20228.09-£43k
20217.52-£38k
20207.60+£19k
20198.18+£16k
201815.31—

Derived from filed accounts. Not audited figures.