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Gate Builders & Plumbers Merchants Ltd

09762644

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
70 / 100

Some Concerns

30/30
Filing
20/30
Financial
20/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

90 ROOD END ROAD, OLDBURY, B68 8SF
Incorporated 04/09/2015

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 09/05/2025

Due 23/05/2026

Overdue

Industry

41202
Construction of domestic buildings
46190
Agents involved in the sale of a variety of goods
46730
Wholesale of wood, construction materials and sanitary equipment
82990
Other business support service activities

Officers

Former

Adil (Yaqub) Yaqub

director · Resigned 25/01/2024

Asim Yaqub

director · Resigned 02/04/2026

Asim Yaqub

director · Resigned 25/01/2024

Persons with Significant Control

Former PSCs

Mr Asim Yaqub

Ceased 02/04/2026

Insolvency History1 case

compulsory liquidation28/04/2026

The Official Receiver Or Birmingham (practitioner)

CompanyRankvs 1989+ SIC 41202 peers
72

Financial strength90th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 9.74× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2025

Turnover

£835k

Annual revenue

Net Worth

£139k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

£86k

Bottom line earnings

Net Current Assets

£142k

Working capital

Current Assets

£158k

Current Liabilities

£16k

Fixed Assets

£69k

Debtors

£4k

Cost of Sales

£555k

Gross Profit

£280k

Admin Expenses

£181k

Operating Profit

£86k

4avg. employees+1

Balance Sheet

Assets less current liabilities£211k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20259.74+£69k
20243.56+£54k
20233.72—

Derived from filed accounts. Not audited figures.