G K Lounge Limited
14559227
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/12/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 2 other boards
Persons with Significant Control
Mr Prakash Arvind Mandalia
British · England · Age 53
91, Water Lane, Ilford, IG3 9HT
Notified 28/12/2022
Charges1 outstanding
TOGETHER COMMERCIAL FINANCE LIMITED
CompanyRankvs 27814+ SIC 56101 peers21
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£176k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£314k
Working capital
Current Assets
£98k
Current Liabilities
£412k
Fixed Assets
£145k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.24 | -£9k |
| 2023 | 0.11 | — |
Derived from filed accounts. Not audited figures.