The Firmwatch take
Gilastar Limited is a 33-year-old real estate, active on the Companies House register. The latest filed accounts (year to 30 April 2025) show GBP 2.5m in net assets, with 2 cautionary signals worth monitoring. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Pulse · Net assets, 2024–2025
↗ £6kIncorporated
26 April 1993
33 years on the register
Sector
Other letting and operating of own or leased real estate
SIC 68209
Size
Not classified
Net assets
£2.5m
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Sector benchmark · Real Estate
How this company compares in 149,851 filers in this sector
Top 10% in sector — Gilastar Limited shows £2.5m in net assets. Sector median is £727.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£2.5m
Top 10% in sector · sector median £727 · 149,851 filers in this sector
Cash
Not disclosed
Working cap.
−£951k
Median £0
Current ratio
0.1×
Median 0.4×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · N16 6XS
159 other UK companies registered at this postcode.
Active
153
Dissolved
4
Strike-off action
2
People
Who runs this company
- SJ
STERN, Jack
director · since 1993
- SJ
STERN, Jack
secretary · since 1993
Registered office
Address intelligence
159 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.