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Grangewood Educational Association

02435643

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Insolvency history
Health Score
45 / 100

Notable Risks

25/30
Filing
0/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • Active insolvency proceedings (-20)

Details

GRANGEWOOD INDEPENDENT SCHOOL, FOREST GATE, E7 8QT
Incorporated 24/10/1989

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

85200
Primary education

Officers

Ms Jenise Elissa Elvina Jarvis

director · Since 29/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Mr Jones Agyeman

director · Since 07/04/2026

BRITISH · ENGLAND · Age 50

Insolvency History1 case

corporate voluntary arrangement

Michael Leslie Reeves (practitioner)

CompanyRankvs 1812+ SIC 85200 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
Show leaderboard
1Appleford Limited
90
2Newton Prep Limited
90
3St George'S Weybridge
90
4Sevenoaks Preparatory School Limited
90
5St. Augustine'S Priory School Limited
90
6Ripplevale School Rochester Ltd
90
7St. John'S Preparatory & Senior School Limited
90
8Scarisbrick Hall School Limited
90
9Canary Wharf College Ltd
90
10Cottesmore School Limited
89
1812Grangewood Educational Association
46
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.

Employees13/15 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.

Risk deductions

Going concern doubt: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. The accounts have been prepared on a going concern basis, however, as noted on page 16 there is a material uncertainty regarding going concern. I note that the trustees are taking mitigating actions to improve performance, but am unable

Key FinancialsYear ending 31/08/2024

Net Worth

-£203k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£203k

Working capital

Current Assets

£215k

Current Liabilities

£419k

Debtors

£176k

20avg. employees+2

People Costs

Wages & salaries£548k

Balance Sheet

Assets less current liabilities-£203k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024_Charity

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£88k
20230.49—

Derived from filed accounts. Not audited figures.