# G.A.A.L DEVELOPMENTS LIMITED (12023093)

> G.A.A.L DEVELOPMENTS LIMITED is an active private limited company (company number 12023093) incorporated on 29 May 2019, registered in London. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 May 2025, showing net assets of £266k and cash of £270k, with 1 employee on average. Net assets rose 30% on the prior period (£205k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2019-05-29
- Registered office: London, E17 3NU
- SIC 41100: Development of building projects
- SIC 41202: Construction of domestic buildings
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-12
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 12,682 comparable companies in London (median £413, upper quartile £73k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £266k | £270k | — | £27k | — | — | 1 |
| 2024-05-31 | £205k | £211k | — | £23k | — | — | 1 |
| 2023-05-31 | £174k | £181k | — | £19k | — | — | 1 |
| 2022-05-31 | — | — | — | — | — | — | — |

current ratio 10.08; net assets trend rising; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £265,840 at 31 May 2025
- Net assets up 10% or more on the prior period: +29.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 10.08
- Cash at bank of £50,000 or more: Cash £270,179
- Three or more accounting periods on record: 4 periods on record
- Incorporated five or more years ago: Incorporated 29 May 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mrs Gina Khan — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-05-29

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12023093
HTML: https://firmoscan.com/company/12023093-g-a-a-l-developments-limited