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Gk Traders Limited

06584822

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

17-B RAINFORTH STREET, MANCHESTER, M13 0RP
Incorporated 06/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr Muhammad Rehan Ahsan

director · Since 28/03/2019

MANAGER

BRITISH · ENGLAND · Age 44

Also on 6 other boards

Persons with Significant Control

Mr Muhammad Rehan Ahsan

75–100% shares
75–100% votes

Pakistani · United Kingdom · Age 44

17-B, Rainforth Street, Manchester, M13 0RP

Notified 01/07/2024

Former PSCs

Mr Muhammad Rehan Ahsan

Ceased 07/03/2019

Mr Malik Rizwan Ullah

Ceased 01/05/2024

CompanyRankvs 4106+ SIC 47599 peers
50

Financial strength14th percentile among SIC peers · 4/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.59× · 6/20
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 strength4/25 pts

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

Employees10/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

-£14k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£45k

Current Liabilities

£76k

Fixed Assets

£21k

3avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities-£10k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.59+£0
20250.59
20240.85
20230.87+£94
20220.81-£4k
20210.87-£18k
20200.98+£13k
20191.12+£2k
20181.81

Derived from filed accounts. Not audited figures.