Groveace Limited
03267442
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/11/1996
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 15 other boards
secretary · Since 17/11/2003
DIRECTOR
BRAZILIAN · UNITED KINGDOM · Age 63
Also on 4 other boards
Persons with Significant Control
Mr Marhab Abu Nayla
British · England · Age 71
45, Chase Court Gardens, Enfield, EN2 8DJ
Notified 06/04/2016
Charges1 outstanding
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CompanyRankvs 5444+ SIC 56290 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2024
Net Worth
-£108k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£477k
Working capital
Current Assets
£478k
Current Liabilities
£1k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 340.60 | -£206k |
| 2023 | 7.59 | +£10k |
| 2022 | 7.13 | +£165k |
| 2021 | 7.29 | -£13k |
| 2020 | 4.10 | -£9k |
| 2019 | 134.34 | -£9k |
| 2018 | 134.35 | — |
Derived from filed accounts. Not audited figures.