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Gala Student Developments Ltd

11664159

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

CASTLE HEIGHTS CASTLE HEIGHTS, NOTTINGHAM, NG1 6BJ
Incorporated 07/11/2018

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

41100
Development of building projects

Officers

Mr Michael Singh

director · Since 07/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Musters Group Ltd

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

18, The Ropewalk, Nottingham, NG1 5DT

Reg: 11656392 · England And Wales · Limited Company

Notified 07/11/2018

Insolvency History1 case

compulsory liquidation22/03/2023

The Official Receiver Or Nottingham (practitioner)

CompanyRankvs 13855+ SIC 41100 peers
59

Financial strength96th percentile among SIC peers · 24/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.81× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 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.

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.

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 30/11/2024

Net Worth

£2.2M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£2.8M

Current Liabilities

£574k

0avg. employees

Balance Sheet

Assets less current liabilities£2.2M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20244.81

Derived from filed accounts. Not audited figures.