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Grantham Engineering Ltd.

00415925

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

HARLAXTON ROAD, LINCS, NG31 7SF
Incorporated 26/07/1946

Compliance

Last accounts

31/10/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/03/2025

Due 05/04/2026

Overdue

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Anthony Philip Bailey

director · Since 28/03/1992

EXECUTIVE CHAIRMAN

BRITISH · ENGLAND · Age 71

Also on 19 other boards

Mr Anthony Philip Bailey

secretary · Since 28/03/1992

BRITISH · ENGLAND · Age 71

Also on 19 other boards

Philip Christopher Turley Msc Beng Hons

director · Since 10/03/2003

RESEARCH & DEVELOPMENT DIRECTOR

BRITISH · ENGLAND · Age 55

Mr Samuel Thomas Pask

director · Since 14/09/2007

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Huw David Thomas Williams

director · Since 01/11/2011

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Mr Stephen John Round

director · Since 10/08/2015

PURCHASE & SUPPLY CHAIN DIRECTOR

BRITISH · ENGLAND · Age 65

Mr Simon Donald Glen Walker

director · Since 01/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Jack Harris (Grantham) Limited

75–100% shares

Grantham Engineering Limited, Harlaxton Road, Grantham, NG31 7SF

Reg: 09592151 · Companies House · Parent Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 23/05/2019Registered 31/05/2019
charge
satisfied

LLOYDS BANK PLC

Created 25/01/1994Registered 28/01/1994Satisfied 02/08/2021
charge
satisfied

NORWICH GENERAL TRUST LIMITED

Created 28/01/1988Registered 03/02/1988Satisfied 04/03/1995
charge
satisfied

NORWICH GENERAL TRUST LIMITED

Created 09/10/1979Registered 19/10/1979Satisfied 04/03/1995
charge
satisfied

NORWICH GENERAL TRUST LIMITED

Created 18/06/1975Registered 26/10/1976Satisfied 04/03/1995
charge
satisfied

NORWICH GENERAL TRUST LIMITED.

Created 02/05/1974Registered 03/05/1974Satisfied 04/03/1995
charge
satisfied

THE PARCELS & GENERAL ASSURANCE ASSOCIATION LIMITED

Created 13/10/1972Registered 20/10/1972Satisfied 04/03/1995
charge
satisfied

LLOYDS BANK PLC

Created 31/08/1972Registered 11/09/1972Satisfied 02/08/2021

CompanyRankvs 27+ SIC 27900 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/10/2024

Turnover

£12.3M

Annual revenue

Net Worth

£5.0M

Balance sheet strength

Cash

£68k

Cash in the bank

Profit Before Tax

-£78k

Bottom line earnings

Net Current Assets

£3.4M

Working capital

Current Assets

£6.6M

Current Liabilities

£3.2M

Fixed Assets

£1.7M

Debtors

£3.1M

Cost of Sales

£9.5M

Gross Profit

£2.8M

Admin Expenses

£2.0M

Operating Profit

-£24k

Profit After Tax

-£70k

108avg. employees

Balance Sheet

Assets less current liabilities£5.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20242.07

Derived from filed accounts. Not audited figures.