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Gmgi Ltd

11344244

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

GM HOUSE, BLACKBURN, BB1 2EH
Incorporated 03/05/2018

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

46750
Wholesale of chemical products

Officers

Mr Mohammed Patel

director · Since 03/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 9 other boards

Mr Hussan Ijaz

director · Since 01/03/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Mohammed Patel

Significant control

British · England · Age 45

6, Chatsworth Close, Blackburn, BB1 8QH

Notified 03/05/2018

Mr Hussan Ijaz

Significant control

British · England · Age 36

Gm House, Wilkinson Way, Blackburn, BB1 2EH

Notified 01/03/2020

Former PSCs

Gm Group Holdings Ltd

Ceased 03/05/2018

CompanyRankvs 1202+ SIC 46750 peers
42

Financial strength13th percentile among SIC peers · 3/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/05/2024

Net Worth

-£567

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£567

Working capital

Current Assets

£2k

Current Liabilities

£3k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.80
20230.89
20221.59

Derived from filed accounts. Not audited figures.