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Grordic Limited

01197234

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

20 BEECHWOOD AVENUE, BOURNEMOUTH, BH5 1LY
Incorporated 21/01/1975

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Albert Henry Drake

secretary · Since 31/10/1991

BRITISH · ENGLAND · Age 81

Also on 9 other boards

Mr Albert Henry Drake

director · Since 31/10/1991

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 81

Also on 9 other boards

Mr Paul Nicholas Drake

director · Since 01/11/2024

PROPERTY MANAGER

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Mr Albert Henry Drake

75–100% shares

British · England · Age 81

20, Beechwood Avenue, Bournemouth, BH5 1LY

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/05/2004Registered 14/05/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/12/1999Registered 30/12/1999
charge
outstanding

MIDLAND BANK PLC

Created 16/12/1993Registered 24/12/1993
charge
satisfied

MIDLAND BANK PLC

Created 23/04/1990Registered 25/04/1990Satisfied 19/01/1994
charge
satisfied

MIDLAND BANK PLC

Created 11/07/1989Registered 25/07/1989Satisfied 19/01/1994
charge
outstanding

NATIONAL WESTMINSTER BANK LIMITED

Created 10/10/1979Registered 31/10/1979

CompanyRankvs 12051+ SIC 96090 peers
63

Financial strength99th percentile among SIC peers · 25/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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12051Grordic Limited
73
How is this score calculated?
Financial strength25/25 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.

Liquidity12/20 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 31/10/2024

Net Worth

£2.2M

Balance sheet strength

Cash

£156k

Cash in the bank

Net Current Assets

£214k

Working capital

Current Assets

£853k

Current Liabilities

£640k

Fixed Assets

£2.0M

Debtors

£68k

1avg. employees

Balance Sheet

Assets less current liabilities£2.2M
Signed by 15 July 2025

EstimatesDerived

YearCurrent RatioImplied Profit
20241.33+£106k
20232.07+£199k
20220.62+£104k
20210.42+£182k
20200.55+£59k
20190.03+£224k
20180.03—

Derived from filed accounts. Not audited figures.