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Gladstone Convenience Stores Ltd

07286159

active
Private Limited Company
england wales
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

23 WOODLAND ROAD, DARLINGTON, DL3 7BJ
Incorporated 16/06/2010

Compliance

Last accounts

30/06/2025

unaudited abridged

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 16/06/2025

Due 30/06/2026

On track

Industry

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

Officers

Mr Jaswant Singh

director · Since 16/06/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Jaswant Singh

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors

British · United Kingdom · Age 50

23, Woodland Road, Darlington, DL3 7BJ

Notified 06/04/2016

CompanyRankvs 14972+ SIC 47110 peers
40

Financial strength4th percentile among SIC peers · 1/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.46× · 2/20
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 strength1/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/06/2025

Net Worth

-£61k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£46k

Current Liabilities

£100k

Fixed Assets

£1k

Debtors

£460

3avg. employees

Balance Sheet

Assets less current liabilities-£53k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£0
20250.46-£13k
20240.56-£10k
20230.73-£14k
20221.29-£6k
20212.50-£5k
20201.44
20190.61
20180.52

Derived from filed accounts. Not audited figures.