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Grec Systems Limited

03850600

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 1 NEW FARM HOUSE COMPLEX, HIBALDSTOW, DN20 9EJ
Incorporated 30/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
80200
Security systems service activities

Officers

Mr Gareth Lee Richards B Eng

director · Since 04/10/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Claire Ellis Ba Honours

director · Since 06/04/2000

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 11 other boards

Claire Ellis Ba Honours

secretary · Since 13/03/2007

BRITISH · ENGLAND · Age 54

Also on 11 other boards

Persons with Significant Control

Mr Gareth Lee Richards

25–50% shares
25–50% votes

British · England · Age 56

Unit 1 New Farm House Complex, Hibaldstow, DN20 9EJ

Notified 30/09/2016

Miss Claire Ellis

25–50% shares
25–50% votes

British · England · Age 54

Unit 1 New Farm House Complex, Hibaldstow, DN20 9EJ

Notified 30/09/2016

CompanyRankvs 1689+ SIC 43290 peers
83

Financial strength94th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1689Grec Systems Limited
79
How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£393k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£182k

Working capital

Current Assets

£532k

Current Liabilities

£349k

Fixed Assets

£211k

5avg. employees

Balance Sheet

Assets less current liabilities£393k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.52+£27k
20241.55+£51k
20231.37+£64k
20221.76+£62k
20211.66—

Derived from filed accounts. Not audited figures.