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Gills News Limited

08391234

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

91 SOHO HILL, BIRMINGHAM, B19 1AY
Incorporated 06/02/2013

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

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

Officers

Mr Hargobind Gill

director · Since 06/02/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mr Hargobind Gill

25–50% shares
25–50% votes

British · United Kingdom · Age 45

91, Soho Hill, Birmingham, B19 1AY

Notified 06/04/2016

Mrs Lovleen Gill

25–50% shares
25–50% votes

Austrian · United Kingdom · Age 43

91, Soho Hill, Birmingham, B19 1AY

Notified 01/01/2017

CompanyRankvs 16436+ SIC 47110 peers
36

Financial strength4th percentile among SIC peers · 1/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees5/15 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.

Longevity13/15 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

-£52k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£4k

Current Liabilities

£53k

2avg. employees

Balance Sheet

Assets less current liabilities-£48k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08-£33k
20240.80
20231.31
20221.41
20210.81+£3k
20200.66-£10k
20190.67

Derived from filed accounts. Not audited figures.