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Grove Metal Sections Limited

03243188

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

UNIT 7 TRACTOR SPARES IND ESTATE, WILLENHALL, WV13 3RN
Incorporated 29/08/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy

Officers

Mr Paul Martin Griffiths

director · Since 08/11/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mrs Sarah Jane Griffiths

secretary · Since 01/01/2014

Persons with Significant Control

Mercia Manufacturing Group Limited

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

Unit 8, Tractor Spares Industrial Estate, Willenhall, WV13 3RN

Reg: 15791451 · Companies House · Private Company Limited By Shares

Notified 30/07/2024

Former PSCs

Mr Brian Thomas Griffiths

Ceased 30/07/2024

Charges3 outstanding

charge
satisfied

BIBBY FACTORS SUSSEX LIMITED

Created 13/10/2003Registered 14/10/2003Satisfied 19/07/2019
charge
outstanding

GRIFFIN CREDIT SERVICES LIMITED

Created 02/07/1999Registered 06/07/1999
charge
outstanding

MIDLAND BANK PLC

Created 12/06/1998Registered 20/06/1998
charge
outstanding

KELLOCK LIMITED

Created 16/01/1998Registered 23/01/1998

CompanyRankvs 104+ SIC 25500 peers
62

Financial strength76th percentile among SIC peers · 19/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 5.18× · 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 strength19/25 pts

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

Employees3/15 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

£575k

Balance sheet strength

Cash

£513k

Cash in the bank

Net Current Assets

£504k

Working capital

Current Assets

£625k

Current Liabilities

£121k

Fixed Assets

£76k

Debtors

£46k

0avg. employees-6

Tax at Year End

Corp tax£26k

Director Loans(2022)

Company owes directors£11k

Balance Sheet

Intangible assets£0
Assets less current liabilities£581k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.18-£305k
20237.33+£139k
20225.29+£176k
20213.47

Derived from filed accounts. Not audited figures.