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G.M. Finance Limited

02661721

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LINCOLN HOUSE, LONDON, W14 0QL
Incorporated 11/11/1991

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/11/2025

Due 15/11/2026

On track

Industry

64999
Other financial service activities

Officers

Mr Arif Husain

director · Since 09/01/1992

CHARTERED ACCOUNTANTS

BRITISH · ENGLAND · Age 80

Also on 109 other boards

Mr Arif Husain

secretary · Since 15/08/2001

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 80

Also on 109 other boards

Mr Tameem Auchi

director · Since 31/10/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 7 other boards

Persons with Significant Control

General Mediterranean Holding (Uk) Ltd

75–100% shares

Lincoln House, 137-143 Hammersmith Road, London, W14 0QL

Reg: 02618212 · Companies House · Limited Company

Notified 01/06/2021

Former PSCs

Mr Arif Husain

Ceased 27/12/2017

Mr Tameem Auchi

Ceased 01/06/2021

CompanyRankvs 18062+ SIC 64999 peers
38

Financial strength0th percentile among SIC peers · 0/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.86× · 6/20
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 strength0/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2024

Net Worth

-£12.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£13.5M

Working capital

Current Assets

£82.9M

Current Liabilities

£96.4M

Fixed Assets

£1.4M

0avg. employees-2

Balance Sheet

Assets less current liabilities-£12.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86-£24.2M
20230.86

Derived from filed accounts. Not audited figures.