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Gcds Development Ltd

11981067

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

9 NEWLING CLOSE, LONDON, E6 5PW
Incorporated 07/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Dimitar Miroslavov Solenkov

director · Since 07/05/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Mr Dimitar Solenkov

secretary · Since 05/05/2020

Persons with Significant Control

Mr Dimitar Miroslavov Solenkov

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

9, Newling Close, London, E6 5PW

Notified 07/05/2019

Former PSCs

Mr Georgi Charakchiev

Ceased 10/08/2022

Charges3 outstanding

Charge
outstanding

GATEHOUSE BANK PLC

Created 03/02/2023Registered 06/02/2023
Charge
outstanding

THINK PROPERTY TRUSTEE LTD

Created 29/04/2021Registered 11/05/2021
Charge
outstanding

THINK PROPERTY TRUSTEE LTD

Created 29/04/2021Registered 10/05/2021

CompanyRankvs 176309+ SIC 68100 peers
15

Financial strength4th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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176309Gcds Development Ltd
25
How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£108k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£760k

Working capital

Current Assets

£75k

Current Liabilities

£835k

Fixed Assets

£653k

Debtors

£72k

Tax at Year End(2023)

VAT£10k

Director Loans

Company owes directors£6k

Balance Sheet

Assets less current liabilities-£107k
Signed by Mr Dimitar Solenkov 09/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.09-£9k—
20240.10-£5k—
20230.13+£157k£199k
20220.01-£244k£199k
2021-0.76——

Derived from filed accounts. Not audited figures.