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Grid Line Foundations Limited

01010765

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

5 BEAUCHAMP COURT, BARNET, EN5 5TZ
Incorporated 11/05/1971

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/05/2025

Due 14/06/2026

On track

Industry

41100
Development of building projects

Officers

Mrs Helen Margaret Mcglinchey

secretary · Since 28/06/1991

IRISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Mr Edward Mcglinchey

director · Since 28/06/1991

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 83

Mrs Helen Margaret Mcglinchey

director · Since 28/06/1991

CO DIRECTOR

IRISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Mr Nigel John Mcglinchey

director · Since 05/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mrs Helen Margaret Mcglinchey

25–50% shares
25–50% votes

Irish · United Kingdom · Age 82

5, Beauchamp Court, Barnet, EN5 5TZ

Notified 06/04/2016

Mr Edward Mcglinchey

25–50% shares
25–50% votes

Irish · England · Age 83

5, Beauchamp Court, Barnet, EN5 5TZ

Notified 06/04/2016

Mr Nigel John Mcglinchey

25–50% shares
25–50% votes

British · England · Age 55

5, Beauchamp Court, Barnet, EN5 5TZ

Notified 12/07/2018

Charges3 outstanding

charge
outstanding

BANK OF SCOTLAND PLC

Created 30/01/2008Registered 07/02/2008
charge
outstanding

ALLIED IRISH BANKS PLC

Created 10/05/1988Registered 24/05/1988
charge
outstanding

ALLIED IRISH BANKS LIMITED

Created 15/07/1976Registered 27/07/1976

CompanyRankvs 7636+ SIC 41100 peers
64

Financial strength86th percentile among SIC peers · 22/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7636Grid Line Foundations Limited
74
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.

Employees2/15 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

£264k

Balance sheet strength

Cash

£120k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£235k

Current Liabilities

£55k

Fixed Assets

£399k

Debtors

£115k

0avg. employees-8

Tax at Year End

Corp tax£10k

Balance Sheet

Assets less current liabilities£419k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.28+£67k
20241.19+£20k
20231.19—

Derived from filed accounts. Not audited figures.