Gb Distributions Midlands Ltd
10310722
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/04/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 5 other boards
Persons with Significant Control
Mr Gursharn Singh Bassi
British · England · Age 47
149, Spon Lane, West Bromwich, B70 6AS
Notified 04/04/2023
Former PSCs
Mr Gursharn Singh Bassi
Ceased 01/01/2020
Mr Bernard Peter Edwards
Ceased 04/04/2023
CompanyRankvs 1369+ SIC 53202 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
£18k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£24k
Working capital
Current Assets
£74k
Current Liabilities
£50k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.47 | +£8k |
| 2023 | 2.68 | — |
Derived from filed accounts. Not audited figures.