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Groundwork Engineering (Eastern) Limited

01900037

active
Private Limited Company
england wales
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

THE OLD BAKERY, GLOUCESTER, GL5 5EL
Incorporated 27/03/1985

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/12/2024

Due 14/01/2026

Overdue

Industry

29201
Manufacture of bodies for motor vehicles

Officers

Terance Paul Foxen

secretary · Since 31/12/1991

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Terance Paul Foxen

director · Since 31/12/1991

MOTOR DEALER

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Oliver Foxen Llb

director · Since 17/06/2005

STUDENT

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Terence Paul Foxen

75–100% shares

British · England · Age 69

The Old Bakery, Gloucester, GL5 5EL

Notified 01/06/2016

CompanyRankvs 244+ SIC 29201 peers
62

Financial strength70th percentile among SIC peers · 18/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/09/2024

Net Worth

£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£29k

Current Liabilities

£56k

2avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.52+£8k
20230.64+£4k
20220.73-£4k
20210.66-£4k
20200.54-£3k
20190.44+£11k
20180.67

Derived from filed accounts. Not audited figures.