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Michael Grice Developments Limited

01388394

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

YEW TREE HOUSE, FOREST ROW, RH18 5AA
Incorporated 12/09/1978

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/06/2025

Due 18/06/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Eric Michael Grice

director · Since 04/06/1991

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 91

Also on 1 other board

Jennifer Grice

secretary · Since 20/02/1998

INTERIOR DESIGNER

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Jennifer Grice

director · Since 23/04/1998

INTERIOR DESIGNER

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Persons with Significant Control

Mr Eric Michael Grice

25–50% shares

British · England · Age 91

Pollards Cottage, Bell Lane, Uckfield, TN22 3PD

Notified 06/04/2016

Mrs Jennifer Grice

25–50% shares

British · England · Age 77

Pollards Cottage, Bell Lane, Uckfield, TN22 3PD

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

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CompanyRankvs 3499+ SIC 68209 peers
86

Financial strength96th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.1× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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3499Michael Grice Developments Limited
86
How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 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 31/03/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£739k

Cash in the bank

Net Current Assets

£386k

Working capital

Current Assets

£739k

Current Liabilities

£353k

Fixed Assets

£1.5M

Debtors

£350

2avg. employees

Tax at Year End(2023)

Corp tax£8k
Dividends paid-£39k

Balance Sheet

Assets less current liabilities£1.8M
Signed by Mr M Grice 24 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.10+£35k
20241.90+£24k
20231.78+£4k
20221.76-£32k
20211.01+£7k
20201.02+£12k
20190.42—

Derived from filed accounts. Not audited figures.