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Gully Point Limited

12307252

active
Private Limited Company
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

3 FOXGLOVE AVENUE, CHELMSFORD, CM1 4FX
Incorporated 11/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands
56210
Event catering activities

Officers

Mr Praveen Kumar Gattu

director · Since 11/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Mr Karunakar Nagula

director · Since 11/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Mrs Susmitha Valluru

director · Since 21/12/2020

HOUSEWIFE

INDIAN · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Shine Consulting Services Limited

25–50% shares

79, Stevens Road, Dagenham, RM8 2QP

Notified 11/11/2019

Pharma Promoted Solutions Limited

25–50% shares

226, Harrow View, Harrow, HA2 6PL

Notified 11/11/2019

Nms Technology Solutions Ltd

25–50% shares

3, Foxglove Avenue, Chelmsford, CM1 4FX

Reg: 15821321 · England And Wales · Limited Company

Notified 01/08/2024

Former PSCs

Ane Holdings Limited

Ceased 01/08/2024

CompanyRankvs 32169+ SIC 56103 peers
34

Financial strength1th percentile among SIC peers · 0/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0× · 2/20
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 strength0/25 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.

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.

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

-£143k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£207k

Working capital

Current Assets

£1k

Current Liabilities

£208k

Fixed Assets

£65k

Debtors

£1

4avg. employees

Tax at Year End

VAT£8k

Balance Sheet

Assets less current liabilities-£142k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.00-£79k£163k
20230.02£151k

Derived from filed accounts. Not audited figures.