# GORMLEYS AUCTIONS LTD (NI608644)

> GORMLEYS AUCTIONS LTD is an active private limited company (company number NI608644) incorporated on 17 August 2011, registered in Belfast. Its registered activity is retail sale in commercial art galleries (SIC 47781). Latest abridged accounts cover the period ending 31 January 2025, showing net assets of £536k and cash of £85k, with 6 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 1% on the prior period (£543k).

- Status: Active
- Incorporated: 2011-08-17
- Registered office: Belfast, BT9 7EZ
- SIC 47781: Retail sale in commercial art galleries
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-08-31
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 1,693 comparable companies in the UK (median £874, upper quartile £38k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | £536k | £85k | £159k | £345k | — | — | 6 |
| 2024-01-31 | £543k | £96k | £287k | £583k | — | — | 6 |

current ratio 2.45; size band micro.

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

- Net assets above zero: Net assets £535,516 at 31 January 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.45
- Cash at bank of £50,000 or more: Cash £85,088
- Incorporated five or more years ago: Incorporated 17 August 2011

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

## Persons with significant control

- Mr Gerard Gormley — owns 50–75% of shares, since 2016-06-30
- Mr James Gormley — owns 25–50% of shares, since 2026-01-31

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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/NI608644
HTML: https://firmoscan.com/company/NI608644-gormleys-auctions-ltd