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Grindrite (Mps) Limited

01432751

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

C/O METAL PROCESS SERVICES LTD WHARF ROAD INDUSTRIAL ESTATE, NOTTINGHAM, NG16 6LE
Incorporated 25/06/1979

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

25620
Machining

Officers

Mr Robert William Hemstock

director · Since 03/05/2019

JOINT MANAGING DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 2 other boards

Mr Russ Kingswell

director · Since 03/05/2019

JOINT MANAGING DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

Metal Process Services Holdings Limited

75–100% shares
75–100% votes
Appoint directors

C/O Metal Process Services Limited, Wharf Road Industrial Estate, Nottingham, NG16 6LE

Reg: 11259398 · Companies House · Private Company Limited By Shares

Notified 03/05/2019

Former PSCs

Mrs Catherine Ann Lyons

Ceased 03/05/2019

Charges1 outstanding

Charge
satisfied

GRINDRITE (NORTH EAST) LTD SSAS NO 64

Created 03/01/2017Registered 10/01/2017Satisfied 08/02/2019
charge
satisfied

GRINDRITE (NORTH EAST) LTD SSAS NO 64

Created 08/08/2012Registered 09/08/2012Satisfied 17/09/2014
charge
satisfied

GRINDRITE (NORTH EAST) LTD SSAS NO 64

Created 28/07/2010Registered 29/07/2010Satisfied 18/07/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/07/1994Registered 14/07/1994
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/10/1987Registered 12/10/1987Satisfied 08/02/2019

CompanyRankvs 1937+ SIC 25620 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees40th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity0/20 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 31/01/2025

Net Worth

-£116k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£116k

Working capital

Current Assets

Current Liabilities

£116k

2avg. employees

Tax at Year End(2017)

Corp tax£722

Balance Sheet

Assets less current liabilities-£116k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
20240.07-£7k
20230.07-£10
20220.07-£62k
20210.49-£105k
20201.52-£60k
20193.43-£29k
20173.66

Derived from filed accounts. Not audited figures.