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Gurmit Retail Limited

04223254

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

32A ALBION STREET, WEST YORKSHIRE, WF10 1EN
Incorporated 25/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Jaswinder Singh

secretary · Since 25/05/2001

RETAILER

BRITISH · ENGLAND · Age 51

Also on 27 other boards

Mr Dalwinder Singh

director · Since 25/05/2001

SALES MANAGER

BRITISH · ENGLAND · Age 46

Also on 6 other boards

Mr Jaswinder Singh

director · Since 25/05/2001

RETAILER

BRITISH · ENGLAND · Age 51

Also on 27 other boards

Persons with Significant Control

Mr Jaswinder Singh

25–50% shares
25–50% votes

British · England · Age 51

32, Albion Street, Castleford, WF10 1EN

Notified 01/10/2016

Mr Dalwinder Singh

25–50% shares
25–50% votes

British · England · Age 46

32, Albion Street, Castleford, WF10 1EN

Notified 01/10/2016

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 22/04/2013Registered 23/04/2013Satisfied 28/04/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/01/2010Registered 15/01/2010Satisfied 28/04/2025
charge
satisfied

HSBC BANK PLC

Created 25/11/2003Registered 26/11/2003Satisfied 15/01/2010

CompanyRankvs 1050+ SIC 47710 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1050Gurmit Retail Limited
79
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.

Employees12/15 pts

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

Liquidity12/20 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

£1.4M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£5.8M

Current Liabilities

£4.4M

Fixed Assets

£1

Debtors

£4.7M

Profit After Tax

£357k

3avg. employees

Tax at Year End(2020)

Corp tax£18k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.32+£583k
20231.16+£432k
20211.25+£424k
20201.00+£21k
20190.97+£70k
20180.92—

Derived from filed accounts. Not audited figures.