Grainger & Worrall Limited
00980487
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2024
full
Next accounts due
31/07/2026
Confirmation statement
Last: 12/12/2025
Due 26/12/2026
Industry
Officers
director · Since 05/02/2024
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 3 other boards
director · Since 30/03/2026
BRITISH · ENGLAND · Age 49
Also on 2 other boards
Persons with Significant Control
Evolution Castings Group Limited
Building 7, Stanmore Industrial Estate, Bridgnorth
Reg: 14786291 · Register Of Companies For England And Wales · Private Limited Company
Notified 29/06/2023
Former PSCs
Grainger & Worrall Technology Group Limited
Ceased 29/06/2023
Charges1 outstanding
GLAS TRUST CORPORATION LIMITED AS SECURITY TRUSTEE
NATIONAL WESTMINSTER BANK PLC
LOMBARD NORTH CENTRAL PLC
BARCLAYS BANK PLC
LLOYDS UDT LIMITED
NATIONAL WESTMINSTER BANK PLC
CLOSE BROTHERS LIMITED
CLOSE BROTHERS LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 61+ SIC 24510 peers32
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 director with respect to going con
Key FinancialsYear ending 31/10/2024
Turnover
£63.5M
Annual revenue
Net Worth
-£1.6M
Balance sheet strength
Cash
£931k
Cash in the bank
Profit Before Tax
£3.0M
Bottom line earnings
Net Current Assets
-£11.5M
Working capital
Current Assets
£18.7M
Current Liabilities
£30.3M
Fixed Assets
£13.7M
Debtors
£10.3M
Cost of Sales
£55.0M
Gross Profit
£8.5M
Admin Expenses
£6.3M
Operating Profit
£3.7M
Profit After Tax
£543k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.62 | +£772k |
| 2023 | 0.70 | — |
Derived from filed accounts. Not audited figures.