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Ggs Food & Wine Ltd

09684270

active
Private Limited Company
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

83 NORTHUMBERLAND AVENUE, READING, RG2 7PT
Incorporated 14/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Gurmit Singh Gurwara

director · Since 01/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Gurmit Singh Gurwara

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 45

Flat5, 125, Scotts Road, Southall, UB2 5DN

Notified 14/04/2023

Former PSCs

Mr Sarjeet Singh Vadwah

Ceased 14/04/2023

CompanyRankvs 6547+ SIC 47110 peers
65

Financial strength72th percentile among SIC peers · 18/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

Liquidity16/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£30k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£121k

Current Liabilities

£79k

Fixed Assets

£6k

Debtors

£94k

2avg. employees

Balance Sheet

Assets less current liabilities£48k
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.53+£24k
20231.99+£25k
20221.29+£6k
20211.36-£15k
20201.54+£4k
20190.53-£19k
20180.54

Derived from filed accounts. Not audited figures.