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Gm Petroleum Limited

05003869

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 8 outstanding charges (-10)

Details

524 MANCHESTER ROAD, BOLTON, BL4 8RS
Incorporated 24/12/2003

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/09/2025

Due 28/09/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Reezwan Hussain Patel

secretary · Since 29/12/2003

COMPANY SECRETARY

BRITISH · ENGLAND · Age 45

Also on 3 other boards

Mr Shafikahmed Ibrahim Patel

director · Since 29/12/2003

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Mr Reezwan Hussain Patel

director · Since 01/05/2009

NONE

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Mr Hamid Gaurya

director · Since 01/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Shafikahmed Ibrahim Patel

ownership-of-shares-25-to-50-percent-as-firm
voting-rights-25-to-50-percent-as-firm

British · England · Age 69

6 Bourne Walk, Bourne Walk, Bolton, BL1 2JQ

Notified 06/04/2016

Charges8 outstanding

Charge
outstanding

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charge
outstanding

LLOYDS TSB BANK PLC

Created 29/11/2006Registered 02/12/2006
charge
satisfied

LLOYDS TSB BANK PLC · LLOYDS TSB BANK PLC

Created 06/09/2006Registered 09/09/2006Satisfied 20/03/2024

CompanyRankvs 895+ SIC 47190 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.43× · 12/20
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 strength25/25 pts

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

Employees15/15 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.

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 31/12/2024

Net Worth

£2.7M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£766k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.8M

Fixed Assets

£2.1M

Debtors

£953k

35avg. employees+7

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£2.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.43+£602k
20231.18+£320k
20221.61+£599k
20211.21+£417k
20200.88+£357k
20190.42+£69k
20180.46

Derived from filed accounts. Not audited figures.