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Gad Innovation&Quality Decorators Ltd

13103136

active
Private Limited Company
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

280C WATFORD WAY, LONDON, NW4 4UR
Incorporated 30/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16230
Manufacture of other builders' carpentry and joinery
20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants
43341
Painting

Officers

Mr Doru-Andrei Ghiorghiu

director · Since 30/12/2020

COMPANY DIRECTOR

ROMANIAN · ENGLAND · Age 40

Mrs Denisa-Adriana Ghiorghiu

secretary · Since 18/03/2022

Persons with Significant Control

Mr Doru-Andrei Ghiorghiu

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

Romanian · England · Age 40

280c, Watford Way, London, NW4 4UR

Notified 30/12/2020

CompanyRankvs 1487+ SIC 16230 peers
62

Financial strength78th percentile among SIC peers · 20/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 6.54× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees1/15 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.

Longevity6/15 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 31/12/2024

Net Worth

£32k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£38k

Current Liabilities

£6k

-1avg. employees+1

Balance Sheet

Assets less current liabilities£32k
Prepared with v2025.1.0 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20246.54+£29k
20231.91

Derived from filed accounts. Not audited figures.