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Gmgp Ltd

09538649

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

6 CHATSWORTH CLOSE, BLACKBURN, BB1 8QH
Incorporated 13/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Mohammed Patel

director · Since 13/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 9 other boards

Mr Hussan Ijaz

director · Since 23/06/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Mohammed Patel

75–100% shares

British · England · Age 45

6, Chatsworth Close, Blackburn, BB1 8QH

Notified 01/08/2016

Charges4 outstanding

Charge
satisfied

GFS 1 LTD

Created 24/06/2022Registered 01/07/2022Satisfied 14/05/2026
Charge
outstanding

LLOYDS BANK PLC

Created 02/09/2020Registered 03/09/2020
Charge
outstanding

LLOYDS BANK PLC

Created 02/09/2020Registered 03/09/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/06/2019Registered 03/07/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/06/2019Registered 24/06/2019

CompanyRankvs 26869+ SIC 68100 peers
52

Financial strength89th percentile among SIC peers · 22/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity11 years trading (max 15) · 11/15
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.

Employees12/15 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.

Longevity11/15 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 31/05/2024

Net Worth

£217k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£3.4M

Working capital

Current Assets

£303k

Current Liabilities

£3.7M

Debtors

£272k

2avg. employees

Tax at Year End

Corp tax£38k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£78k
20230.02+£116k
20220.02+£18k
20210.02-£16k
20200.05-£5k
20190.95+£12k
20180.84

Derived from filed accounts. Not audited figures.