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Leisuregrow Products Limited

03711684

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

DEWMEAD FARM, BALDOCK, SG7 5HG
Incorporated 11/02/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Richard Paul Grimmer

director · Since 11/03/1999

DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 15 other boards

Mr James Travis

director · Since 01/09/2000

COMMERCIAL EXECUTIVE

BRITISH · UNITED KINGDOM · Age 68

Also on 1 other board

Mr Jody Richard Grimmer

director · Since 01/07/2005

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr Frank David Kaminski

director · Since 02/11/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Mr James Quigley

director · Since 27/01/2017

COMPANY EXECUTIVE

BRITISH · WALES · Age 51

Mr James Travis

secretary · Since 19/09/2019

Also on 1 other board

Mr John Graham Pullen

director · Since 01/11/2020

SALES DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Broomco (1356) Limited

75–100% shares

Dewmead Farm, New Inn Road, Baldock, SG7 5HG

Reg: 03441041 · Companies House Uk · Limited Company

Notified 01/07/2016

Charges5 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 10/04/2024Registered 15/04/2024
Charge
outstanding

HSBC BANK PLC

Created 28/10/2022Registered 01/11/2022
Charge
satisfied

HSBC UK BANK PLC

Created 21/01/2019Registered 23/01/2019Satisfied 16/04/2026
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 06/09/2018Registered 06/09/2018
Charge
outstanding

HSBC UK BANK PLC

Created 03/09/2018Registered 03/09/2018
Charge
outstanding

HSBC UK BANK PLC

Created 28/08/2018Registered 30/08/2018
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 25/03/2002Registered 05/04/2002Satisfied 06/09/2018
charge
satisfied

ALLIED IRISH BANKS PLC

Created 15/03/2001Registered 21/03/2001Satisfied 10/12/2002
charge
satisfied

ICC BANK PLC

Created 05/03/2001Registered 15/03/2001Satisfied 10/12/2002
charge
satisfied

ICC BANK PLC

Created 05/03/2001Registered 15/03/2001Satisfied 10/12/2002
charge
satisfied

HSBC BANK PLC

Created 06/10/1999Registered 12/10/1999Satisfied 10/12/2002
charge
satisfied

GRIFFIN CREDIT SERVICES LIMITED

Created 31/08/1999Registered 03/09/1999Satisfied 10/12/2002
charge
satisfied

GRIFFIN CREDIT SERVICES LIMITED

Created 31/08/1999Registered 03/09/1999Satisfied 10/12/2002

CompanyRankvs 1511+ SIC 46900 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.76× · 16/20
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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 the date when the financial statements are authorised for issue. Our responsibilities, and the responsibilities of the directors , with respect

Key FinancialsYear ending 31/12/2024

Turnover

£40.7M

Annual revenue

Net Worth

£11.3M

Balance sheet strength

Cash

£533k

Cash in the bank

Profit Before Tax

-£282k

Bottom line earnings

Net Current Assets

£9.9M

Working capital

Current Assets

£23.0M

Current Liabilities

£13.1M

Fixed Assets

£1.7M

Debtors

£10.8M

Cost of Sales

£29.3M

Gross Profit

£11.4M

Admin Expenses

£6.0M

Operating Profit

£463k

Profit After Tax

-£187k

112avg. employees

Tax at Year End

Dividends paid-£1.2M

People Costs

Wages & salaries£3.8M
NI contributions£385k

Balance Sheet

Intangible assets£19k
Bank loans & overdrafts£2.1M
Assets less current liabilities£11.6M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.76-£1.4M
20232.01

Derived from filed accounts. Not audited figures.