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Gidea Park Groceries Limited

05300840

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

Healthy

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

Details

628 UPPER BRENTWOOD ROAD, ROMFORD, RM2 6HS
Incorporated 30/11/2004

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Mehmet Solak

director · Since 30/11/2004

RETAILER

BRITISH · UNITED KINGDOM · Age 44

Mr Cetin Solak

secretary · Since 01/11/2006

BRITISH

Persons with Significant Control

Mr Mehmet Solak

75–100% shares
75–100% votes

British · United Kingdom · Age 44

628a Upper Brentwood Rd, Gidea Park, Romford, RM2 6HS

Notified 06/04/2016

CompanyRankvs 1246+ SIC 47110 peers
78

Financial strength66th percentile among SIC peers · 17/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 14.97× · 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 strength17/25 pts

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

Employees11/15 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 28/02/2025

Net Worth

£21k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£138k

Working capital

Current Assets

£148k

Current Liabilities

£10k

Fixed Assets

£1k

5avg. employees+1

Balance Sheet

Assets less current liabilities£139k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202514.97+£5k
20245.01-£50k
20232.79-£15k
20223.68-£23k
20213.64+£33k
20207.95+£1k
20198.06

Derived from filed accounts. Not audited figures.