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Gadget House Limited

08260196

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

9 SOUTH STREET, ROMFORD, RM1 1NJ
Incorporated 19/10/2012

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Gulinder Singh Lakman

director · Since 19/10/2012

MANAGER

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Gulinder Singh Lakman

75–100% shares

British · England · Age 51

9, South Street, Romford, RM1 1NJ

Notified 01/09/2018

Former PSCs

Mr Gulinder Singh Lakman

Ceased 01/10/2017

CompanyRankvs 3313+ SIC 47190 peers
71

Financial strength89th percentile among SIC peers · 22/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 3.04× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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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.

Employees0/15 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.

Longevity14/15 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 31/10/2024

Net Worth

£89k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£106k

Current Liabilities

£35k

Fixed Assets

£35k

Debtors

£22k

Tax at Year End

Corp tax£12k
VAT£2k

Director Loans(2021)

Company owes directors£28k

Balance Sheet

Assets less current liabilities£106k
Signed by Mr GULINDER LAKMAN 24/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.04+£11k£38k
20233.09+£8k£56k
20222.88+£19k£39k
20211.69+£45k£36k
20202.20+£4k£50k
20191.03-£2k£60k
20181.04£122k

Derived from filed accounts. Not audited figures.