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G & G Quality Clothing Europe Ltd

04882915

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

91 LEADALE ROAD, LONDON, N15 6BJ
Incorporated 01/09/2003

Compliance

Last accounts

31/08/2025

unaudited abridged

Next accounts due

30/05/2027

On track

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Pinchas Weinberger

director · Since 04/09/2003

CO DIR

BRITISH · ENGLAND · Age 49

Also on 15 other boards

Mr Chaim Handler

secretary · Since 05/09/2007

AUSTRIAN · ENGLAND · Age 64

Also on 4 other boards

Persons with Significant Control

Mr Pinchas Weinberger

75–100% shares
75–100% votes

British · England · Age 49

91, Leadale Road, London, N15 6BJ

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

G&G QUALITY CLOTHING INC.

Created 11/02/2004Registered 14/02/2004

CompanyRankvs 4159+ SIC 46420 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.69× · 6/20
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 strength0/25 pts

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

Employees14/15 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.

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 31/08/2024

Net Worth

-£661k

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

-£653k

Working capital

Current Assets

£1.4M

Current Liabilities

£2.1M

Fixed Assets

£10k

Debtors

£859k

7avg. employees

Balance Sheet

Assets less current liabilities-£643k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69-£266k
20230.79-£258k
20220.91+£89k
20210.86
20190.79
20180.57

Derived from filed accounts. Not audited figures.