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Grainco Limited

03066352

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

GRAINCO LIMITED, SOUTH SHIELDS, NE34 9PL
Incorporated 09/06/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46210
Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

Officers

Mr Gary John Bright

director · Since 19/11/1998

TRADER

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Miss Susan Yvonne Duck

secretary · Since 01/01/2001

BRITISH · UNITED KINGDOM · Age 60

Also on 9 other boards

Miss Susan Yvonne Duck

director · Since 26/09/2002

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 60

Also on 9 other boards

Mr George Stephen Gillie

director · Since 28/11/2002

SHIPBROKER

ENGLISH · UNITED KINGDOM · Age 64

Also on 4 other boards

Mr Peter Alan Jackson

director · Since 31/07/2003

FARMER

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Charles Cummine Birnie

director · Since 01/07/2005

CO DIRECTOR

SCOTTISH · UNITED KINGDOM · Age 66

Also on 1 other board

John Cameron Hutcheson

director · Since 01/07/2005

FARMER

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Simon Edward Rust

director · Since 01/07/2005

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Mr Charles Michael Scholey

director · Since 25/06/2008

FARMER

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Mr Robert John Davison

director · Since 26/01/2011

FARMER

BRITISH · UNITED KINGDOM · Age 72

Persons with Significant Control

Tynegrain Limited

75–100% shares
75–100% votes
Appoint directors

Tyne Dock, South Shields, Tyne And Wear, NE34 9PL

Reg: Ip23873r · Mutuals Public Register · Industrial And Provident Society

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 13/03/2023Registered 15/03/2023
Charge
outstanding

HSBC BANK PLC

Created 31/01/2014Registered 01/02/2014
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 03/12/2013Registered 04/12/2013
charge
outstanding

HSBC BANK PLC

Created 22/11/2012Registered 27/11/2012
charge
outstanding

HSBC BANK PLC

Created 22/11/2012Registered 27/11/2012
charge
outstanding

MIDLAND BANK PLC

Created 01/12/1995Registered 09/12/1995

CompanyRankvs 44+ SIC 46210 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees7/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/06/2025

Net Worth

£34.1M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£5.6M

Bottom line earnings

Net Current Assets

£30.3M

Working capital

Current Assets

£56.8M

Current Liabilities

£26.6M

Fixed Assets

£4.4M

Debtors

£39.5M

Admin Expenses

£7.1M

Profit After Tax

£4.0M

1avg. employees-57

Tax at Year End

Corp tax£0
Dividends paid£850k

People Costs

Wages & salaries£4.1M

Balance Sheet

Intangible assets£0
Assets less current liabilities£34.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.14+£3.0M
20241.64+£2.9M
20231.44+£3.5M
20221.36+£4.0M
20211.40+£299k
2020179.66

Derived from filed accounts. Not audited figures.