Back to search

Quickgrind Limited

01230345

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5701 SHANNON PLACE, TEWKESBURY, GL20 8SL
Incorporated 20/10/1975

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25730
Manufacture of tools

Officers

Mr Edward James Howell

director · Since 31/01/1992

ENGINEER

ENGLISH · ENGLAND · Age 82

Mrs Patricia Ann Howell

director · Since 31/01/1992

DIRECTOR

ENGLISH · ENGLAND · Age 80

Mr Ross Edward Howell

director · Since 01/11/2003

ENGINEER

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Ross Edward Howell

secretary · Since 11/01/2004

ENGINEER

BRITISH · GB-ENG · Age 47

Also on 1 other board

Persons with Significant Control

Mr Ross Edward Howell

25–50% shares

British · United Kingdom · Age 47

Unit 5701 Shannon Place, Tewkesbury, GL20 8SL

Notified 06/04/2016

Mr Edward James Howell

25–50% shares

English · England · Age 82

Unit 5701 Shannon Place, Tewkesbury, GL20 8SL

Notified 06/04/2016

Former PSCs

Mrs Patricia Ann Howell

Ceased 19/06/2023

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 31/07/2024Registered 02/08/2024Satisfied 18/05/2026
Charge
satisfied

HSBC UK BANK PLC

Created 24/10/2023Registered 25/10/2023Satisfied 18/05/2026
charge
satisfied

HSBC BANK PLC

Created 31/05/2002Registered 12/06/2002Satisfied 10/06/2019
charge
satisfied

HSBC BANK PLC

Created 28/03/2002Registered 03/04/2002Satisfied 10/06/2019
charge
satisfied

MIDLAND BANK PLC

Created 30/09/1994Registered 05/10/1994Satisfied 10/06/2019
charge
satisfied

MIDLAND BANK PLC

Created 27/07/1989Registered 02/08/1989Satisfied 10/06/2019
charge
satisfied

MIDLAND BANK PLC

Created 27/10/1988Registered 11/11/1988Satisfied 10/06/2019
charge
satisfied

MIDLAND BANK PLC

Created 02/08/1988Registered 04/08/1988Satisfied 10/06/2019
charge
satisfied

MIDLAND BANK PLC

Created 14/02/1983Registered 21/02/1983Satisfied 10/06/2019
charge
satisfied

MIDLAND BANK PLC

Created 02/04/1982Registered 07/04/1982
charge
satisfied

MIDLAND BANK PLC

Created 27/04/1977Registered 05/05/1977Satisfied 10/06/2019

CompanyRankvs 13+ SIC 25730 peers
89

Financial strength100th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Kemet International Limited
90
2Norbar Torque Tools Limited
90
3D.K. Holdings Limited
90
4Osg U.K. Limited
90
5Hy-Ram Engineering Company Limited
90
6Guhring Limited
90
7Technicut Limited
90
8Carbonomics Limited
90
9Preconomy Limited
90
10Boneham & Turner Limited
89
13Quickgrind Limited
89
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.

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£14.3M

Balance sheet strength

Cash

£11.1M

Cash in the bank

Net Current Assets

£12.3M

Working capital

Current Assets

£13.9M

Current Liabilities

£1.6M

Fixed Assets

£2.4M

Debtors

£1.7M

31avg. employees+1

Tax at Year End(2019)

Corp tax£138k

Director Loans(2019)

Company owes directors£433k

Balance Sheet

Assets less current liabilities£14.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.59+£2.8M
20236.90+£4.4M
20217.53+£1.4M
20205.61+£1.2M
20193.69+£1.1M
20183.14+£1.0M
20172.79—

Derived from filed accounts. Not audited figures.