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G.M.S.(Ilford) Ltd

03745804

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 JUNIPER ROAD, ILFORD, IG1 2EG
Incorporated 06/04/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies
47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr Sukhjiwan Singh Mangat

director · Since 08/04/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 2 other boards

Mrs Jagvir Kaur Mangat

director · Since 24/04/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 1 other board

Persons with Significant Control

Mr Sukhjiwan Singh Mangat

50–75% shares

British · England · Age 74

1, Juniper Road, Ilford, IG1 2EG

Notified 06/04/2016

Charges0 outstanding

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satisfied

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CompanyRankvs 209+ SIC 46740 peers
83

Financial strength85th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.36× · 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 strength21/25 pts

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

Employees12/15 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 31/03/2025

Net Worth

£468k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.2M

Current Liabilities

£500k

Fixed Assets

£285k

Debtors

£383k

7avg. employees

Balance Sheet

Intangible assets£1
Assets less current liabilities£2.0M
Signed by 4 November 2025

EstimatesDerived

YearCurrent RatioImplied Profit
20254.36+£2k
20243.32+£6k
20234.16+£11k
20222.70+£37k
20213.08+£21k
20202.22+£75k
20192.13

Derived from filed accounts. Not audited figures.