Gulab Properties Limited
04407045
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 01/03/2026
Due 15/03/2027
Industry
Officers
secretary · Since 30/03/2002
WAREHOUSEMAN
BRITISH · ENGLAND · Age 52
Also on 7 other boards
director · Since 30/03/2002
WAREHOUSEMAN
BRITISH · ENGLAND · Age 52
Also on 7 other boards
director · Since 30/03/2002
WAREHOUSEMAN
BRITISH · UNITED KINGDOM · Age 54
Also on 4 other boards
Persons with Significant Control
Mr Kirtan Shah
British · England · Age 52
32, De Montfort Street, Leicester, LE1 7GD
Notified 06/04/2016
Mr Nirav Gulabchand Shah
British · United Kingdom · Age 54
32, De Montfort Street, Leicester, LE1 7GD
Notified 06/04/2016
Charges1 outstanding
LLOYDS BANK PLC
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 14744+ SIC 68100 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/05/2024
Net Worth
£2.6M
Balance sheet strength
Cash
£938k
Cash in the bank
Net Current Assets
-£3.0M
Working capital
Current Assets
£1.2M
Current Liabilities
£4.1M
Fixed Assets
£6.3M
Debtors
£230k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.28 | -£10k |
| 2023 | 0.19 | +£3k |
| 2022 | 0.40 | +£249k |
| 2021 | 0.50 | +£1.8M |
| 2020 | 0.49 | +£1k |
| 2019 | 0.83 | +£39k |
| 2018 | 4.02 | — |
Derived from filed accounts. Not audited figures.