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Gm Ventures Ltd

12185014

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

67 CHORLEY OLD ROAD, BOLTON, BL1 3AJ
Incorporated 02/09/2019

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 15/05/2025

Due 29/05/2026

On track

Industry

43210
Electrical installation
46900
Non-specialised wholesale trade

Officers

Mr Hussein Ali Qasim

director · Since 02/09/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 8 other boards

Persons with Significant Control

Mr Hussein Ali Qasim

Significant control

British · England · Age 34

67, Chorley Old Road, Bolton, BL1 3AJ

Notified 02/09/2019

Hq Ventures Ltd

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

67, Chorley Old Road, Bolton, BL1 3AJ

Reg: 15677577 · England · Company Limited By Shares

Notified 13/05/2024

Former PSCs

Mr Mark Kelton Green

Ceased 02/01/2023

Mr Dale Mark Turton

Ceased 27/03/2023

CompanyRankvs 15460+ SIC 43210 peers
64

Financial strength71th percentile among SIC peers · 18/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.64× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees8/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/10/2023

Net Worth

£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£58k

Working capital

Current Assets

£150k

Current Liabilities

£92k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£65k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.64+£48k
20221.13-£12k
20211.40-£24k
20203.33

Derived from filed accounts. Not audited figures.