The Firmwatch take
Gilson Gray (england) Limited (09356408) currently shows: At risk signal detected, based on accounts to 30 April 2024; last refreshed 24 May 2026. Net liabilities of £435k — assets do not cover obligations.
Companies House source·Accounts to 30 Apr 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
16 December 2014
11 years on the register
Sector
Solicitors
SIC 69102
Size
Not classified
Net assets
−£435k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
69/100
high risk
Estimated public-data value
-£434,897 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Legal
Sample: 9,026 companies
Negative net assets: 11.6%
- Net assets vs sector median
- -£439,695
- Working capital vs sector median
- -£557,382
- Sector median current ratio
- 1.62
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Accounts are ageing
The latest extracted accounts period is more than 21 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 9,026 filers in this sector (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£2,743,910
Current liabilities
Amounts due within one year (short-term creditors).
£3,286,264
Working capital
Current assets minus current liabilities.
-£542,354
Median £15k
Fixed assets
Long-term tangible and intangible assets.
£107,457
Total assets less current liabilities
Fixed assets plus working capital.
-£434,897
Net assets
What's left after liabilities are deducted from assets.
-£434,897
Median £5k
Equity (capital & reserves)
Shareholder funds.
-£434,899
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.8×
Median 1.6×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.