Company Overview
Gilo Industries Group Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Tuesday 19 June 2012, so this is a well established company. Gilo Industries Group Limited has been in business for 13 years and 9 months. The accounts status is group and the accounts are next due on Thursday 31 December 2020.
Registered Address

Opus Restructuring Llp, 1 Radian Court Knowlhill, Milton Keynes, Buckinghamshire, MK5 8PJ
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Companies House Data
Company NameGILO INDUSTRIES GROUP LIMITED
Company Number08111734
Registered Office AddressOPUS RESTRUCTURING LLP
 1 Radian Court Knowlhill
 MK5 8PJ
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date19/06/2012
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/12/2018
Accounts Account CategoryGROUP
Returns Next Due Date17/07/2017
Returns Last Made Up Date19/06/2016
Directors & Members
Show Resigned
Murshed Al Redaini - Director
(Emirati, 60 years old, born June 1966)
Appointed 31 March 2016
Active
Giles Cardozo - Director
(British, 47 years old, born May 1979)
Appointed 19 June 2012
Active
Alex Head - Director
(British, 44 years old, born November 1982)
Appointed 30 April 2018
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 1,928,540 1,928,540 4,427,258
Current Assets 4,691,915 4,691,915 714,990
Creditors Due Within One Year 658,041 658,041 240,396
Working Cap 4,033,874 4,033,874 474,594
Total Assets Less Current Liabilities 5,962,414 5,962,414 4,901,852
Long-term Liabilities 20,987 20,987 0
Net Assets 5,941,427 5,941,427 4,901,852
Share Capital & Reserves
Share Cap 1,665 1,665 1,597
Profit & Loss Reserves 50,662 50,662 5,516
Other Reserves 5,889,100 5,889,100 4,894,739
Shareholders Funds 5,941,427 5,941,427 4,901,852
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 29.1% 29.1% 86.1%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 0.1% 0.1% 0.0%
Cash Bank In Hand 0.5% 0.5% 13.4%
Current Assets 70.9% 70.9% 13.9%
Creditors Due Within One Year 9.9% 9.9% 4.7%
Net Current Assets Liabilities 60.9% 60.9% 9.2%
Creditors Due After One Year 0.3% 0.3% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 89.7% 89.7% 95.3%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 0.8% 0.8% 0.1%
Shareholder Funds 89.7% 89.7% 95.3%
Capital Employed - - -
Total Assets Less Current Liabilities 90.1% 90.1% 95.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2015 31-Dec-2014
Liquidity Ratio 7.1 7.1 3.0
Solvency Ratio 9.8 9.8 21.4
Reserves to Assets 0.0 0.0 0.0
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2015 31-Dec-2014
Assets 6,620,455 6,620,455 5,142,248
Debt 679,028 679,028 240,396
Net Assets/Debt 5,941,427 5,941,427 4,901,852

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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ADVANTAGE RENTALS & REPAIRS LIMITED
Opus Restructuring Llp 1 Radian Court, Knowlhill, Milton Keynes, MK5 8PJ
I COX CONSULTANCY SERVICES LIMITED
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Document Filings
Liquidators' statement of receipts and payments to 30 August 2025
Liquidators' statement of receipts and payments to 30 August 2024
Removal of liquidator by court order
Appointment of a voluntary liquidator
Liquidators' statement of receipts and payments to 30 August 2023
Registered office address changed from 1 Radian Court Knowlhill Milton Keynes MK5 8PJ to 1 Radian Court Knowlhill Milton Keynes Buckinghamshire MK5 8PJ on 17 February 2023
Registered office address changed from C/O Opus Restructuring Llp 4th Floor Euston House 24 Eversholt Street London NW1 1DB to 1 Radian Court Knowlhill Milton Keynes MK5 8PJ on 13 December 2022
Liquidators' statement of receipts and payments to 30 August 2022
Termination of appointment of Stephan Winkler as a director on 15 December 2021
Appointment of a voluntary liquidator
Notice of move from Administration case to Creditors Voluntary Liquidation
Registered office address changed from C/O Opus Restructuring Llp Evergreen House North Grafton Place London NW1 2DX to C/O Opus Restructuring Llp 4th Floor Euston House 24 Eversholt Street London NW1 1DB on 13 July 2021
Administrator's progress report
Result of meeting of creditors
Statement of affairs with form AM02SOA
Statement of administrator's proposal
Registered office address changed from C/0 Opus Restructuring Llp Evergreen House North Grafton Place London NW1 2DX to C/O Opus Restructuring Llp Evergreen House North Grafton Place London NW1 2DX on 23 October 2020
Appointment of an administrator
Registered office address changed from 9 Chaldicott Barns Tokes Lane, Semley Shaftesbury Dorset SP7 9AW England to C/0 Opus Restructuring Llp Evergreen House North Grafton Place London NW1 2DX on 16 September 2020
Confirmation statement made on 13 July 2020 with no updates
Termination of appointment of Robert John Martin as a director on 31 January 2020
Statement by Directors
Statement of capital on 12 February 2020
Solvency Statement dated 06/02/20
Resolutions

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