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I. G Grindal & Sons Limited

00662678

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

HALL FARM, GRANTHAM, NG33 5LS
Incorporated 20/06/1960

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mr Christopher Joseph Grindal

director · Since 14/11/1991

FARMER

BRITISH · ENGLAND · Age 82

Also on 1 other board

Susan Mary Grindal

secretary · Since 01/05/2005

BRITISH

Persons with Significant Control

Mr Christopher Joseph Grindal

50–75% shares
50–75% votes

British · England · Age 82

Hall Farm, Lobthorpe, Grantham, NG33 5LS

Notified 06/04/2016

Mr Robert Charles Grindal

25–50% shares
25–50% votes

British · United Kingdom · Age 56

South Lodge Farm, Lobthorpe, Grantham, NG33 5LS

Notified 29/03/2018

Mrs Victoria Anne Grindal

25–50% shares
25–50% votes

British · United Kingdom · Age 53

South Lodge Farm, Lobthorpe, Grantham, NG33 5LS

Notified 29/03/2018

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 27/09/1989Registered 02/10/1989
charge
satisfied

MIDLAND BANK PLC

Created 27/09/1989Registered 02/10/1989Satisfied 02/12/1994
charge
satisfied

MIDLAND BANK PLC

Created 01/06/1965Registered 10/06/1965Satisfied 02/12/1994

CompanyRankvs 525+ SIC 01500 peers
68

Financial strength88th percentile among SIC peers · 22/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 37.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£37k

Fixed Assets

£284k

1avg. employees

Tax at Year End

Corp tax£6k

Director Loans(2017)

Company owes directors£1k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202537.24-£40k
202428.17+£8k
202339.75

Derived from filed accounts. Not audited figures.