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Ghag North East Ltd

07224811

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT5-6, WASHINGTON, NE37 1UB
Incorporated 15/04/2010

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/11/2025

Due 24/11/2026

On track

Industry

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

Officers

Mr Tejinder Singh

director · Since 21/07/2017

BUSINESSMAN

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mrs Sukhdeep Kaur

director · Since 18/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Tejinder Singh

25–50% shares

British · England · Age 42

Unit5-6, Albany Village Centre, Washington, NE37 1UB

Notified 01/07/2016

Mrs Sukhdeep Kaur

25–50% shares

British · United Kingdom · Age 43

Unit5-6, Albany Village Centre, Washington, NE37 1UB

Notified 01/07/2016

Former PSCs

Mr Rajvinder Singh

Ceased 31/05/2017

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 14/07/2010Registered 20/07/2010

CompanyRankvs 5281+ SIC 47110 peers
57

Financial strength87th percentile among SIC peers · 22/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.97× · 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 strength22/25 pts

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

Employees9/15 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 31/03/2025

Net Worth

£81k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£178k

Current Liabilities

£184k

Fixed Assets

£118k

4avg. employees

Balance Sheet

Assets less current liabilities£113k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97-£16k
20240.99-£7k
20230.93-£18k
20220.95-£6k
20210.88+£34k
20200.36-£19k
20190.29

Derived from filed accounts. Not audited figures.