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Techni-Grind (Preston) Limited

02453007

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

C/O MARSHALL PETERS, HESKIN, PR7 5PA
Incorporated 15/12/1989

Compliance

Last accounts

30/06/2021

total exemption full

Next accounts due

30/06/2023

Overdue

Confirmation statement

Last: 15/12/2022

Due 29/12/2023

Overdue

Industry

25730
Manufacture of tools

Officers

Mr William Carl Griffiths

director · Since 01/10/2019

ENGINEER / COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 25 other boards

Mr Stephen John Lord

director · Since 01/10/2019

ENGINEER / COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 9 other boards

Persons with Significant Control

Belgrave & Powell Ltd

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
Appoint directors

1 Hamel House, Sandy Way, Tamworth, B77 4BF

Reg: 11060599 · Companies House · Limited Company

Notified 01/10/2019

Former PSCs

Mr David Howard Higham

Ceased 01/10/2019

Charges1 outstanding

A registered charge
outstanding

Cynergy Business Finance Limited

3. charging provisions. 3.1 you grant us with full title guarantee security over all your assets. In our favour you:. 3.1.1 charge by way of first legal mortgage each property specified in schedule 1;. 3.1.3.10 all existing and future rights and interests owned by you or arising from any present or future agreements in relation to the following:. (A) patents and patent applications, trademarks and trademark applications (and all goodwill associated with them);. (B) brand and trade names;. (C) copyrights and rights in the nature of copyright or registered designs, applications for registered designs and inventions; and. (D) trade secrets and know-how and all other intellectual property rights and interests whether registered or unregistered (together, “intellectual property”);. “Property” means all of your freehold and leasehold property and any part or parts of it; together with:. (A) all buildings and fixtures (including trade fixtures) and fixed plant and machinery at any time thereon;. (B) all easements, rights, agreements, powers, benefits, warranties, remedies, security, guarantees and indemnities in respect thereof;. (C) all rights under any licence, agreement for sale or agreement for lease in respect of any of the property;. (D) all proceeds of sale of any of the property; and. (E) the benefit of all covenants rights, guarantees, security, claims, causes of action, remedies and indemnities of any nature enjoyed or held in relation to that property or the leases,. And “property” shall mean any of them.

Created 21/12/2021Registered 22/12/2021
Chattel mortgage
fully satisfied

Hitachi Capital (UK) PLC

The equipment and all of the right, title, interest and benefit of the chargor (present and future, actual and contingent) in and to any warranties given by any manufacturer, supplier or other person in relation to the equipment any agreement for the repair, overhaul modification, maintenance or servicing of or to the equipment and the insurances see image for full details.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 24/06/2008Registered 27/06/2008Satisfied 20/12/2021
Fixed and floating charge
fully satisfied

Midland Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital patents.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 14/02/1992Registered 17/02/1992Satisfied 17/01/2022

Insolvency History1 case

creditors voluntary liquidation27/06/2023

Clive Morris (practitioner)

CompanyRankvs 15+ SIC 25730 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/06/2021

Net Worth

-£77k

Balance sheet strength

Cash

£76

Cash in the bank

Net Current Assets

-£129k

Working capital

Current Assets

£219k

Current Liabilities

£348k

Fixed Assets

£542k

Debtors

£218k

7avg. employees

Balance Sheet

Bank loans & overdrafts£218k
Assets less current liabilities£412k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20210.63

Derived from filed accounts. Not audited figures.