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Grandnew Limited

02986927

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 GUERNSEY AVENUE, BRISTOL, BS4 4SH
Incorporated 04/11/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Helen Henry-Hill

secretary · Since 16/11/2009

Ms Helen Henry-Hill

director · Since 16/11/2009

DESIGN CONSULTANT

BRITISH · UNITED KINGDOM · Age 34

Mr David Paul Hill

director · Since 16/11/2009

CHARTERED ENGINEER

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mrs Helen Henry-Hill

25–50% shares
25–50% votes

British · United Kingdom · Age 54

5, Beauley Road, Bristol, BS3 1PX

Notified 06/04/2016

Mr David Paul Hill

25–50% shares
25–50% votes

British · United Kingdom · Age 55

5, Beauley Road, Bristol, BS3 1PX

Notified 06/04/2016

CompanyRankvs 16391+ SIC 71129 peers
47

Financial strength4th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.85× · 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 strength1/25 pts

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

Employees10/15 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 31/10/2024

Net Worth

-£24k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£135k

Current Liabilities

£160k

Fixed Assets

£5k

Debtors

£131k

2avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities-£19k
Signed by 02986927 2023-11-01 2024-10-31 02986927 2024-10-31 02986927 core:CurrentFinancialInstruments 2024-10-31 02986927 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85-£74k
20231.42+£24k
20221.26+£77k
20210.80+£23k
20200.62-£50k
20190.66+£10k
20180.65

Derived from filed accounts. Not audited figures.