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Grid Defence Systems Limited

02837836

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

85-87 HOLTSPUR LANE, HIGH WYCOMBE, HP10 0AU
Incorporated 20/07/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26200
Manufacture of computers and peripheral equipment

Officers

Mr Piers Jonathan Wells Rushton

director · Since 12/08/1993

COMPUTER DISTRIBUTION

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Piers Jonathan Wells Rushton

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 59

85-87, Holtspur Lane, High Wycombe, HP10 0AU

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

JONATHAN DEAN DEVELOPMENTS LIMITED

Created 09/09/1999Registered 15/09/1999Satisfied 03/08/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/09/1993Registered 16/09/1993

CompanyRankvs 13+ SIC 26200 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.52× · 20/20
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 strength23/25 pts

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

Employees14/15 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.

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 31/12/2024

Net Worth

£4.5M

Balance sheet strength

Cash

£4.3M

Cash in the bank

Net Current Assets

£4.1M

Working capital

Current Assets

£5.8M

Current Liabilities

£1.6M

Fixed Assets

£406k

Debtors

£1.3M

24avg. employees+6

Balance Sheet

Assets less current liabilities£4.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.52+£1.4M
20232.94+£709k
20222.86-£200k
20215.15+£275k
20205.84

Derived from filed accounts. Not audited figures.