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Grace Garages Limited

04812659

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

MONTROSE, MOORACRE LANE, CHESTERFIELD, S44 6ER
Incorporated 26/06/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Dianthy Priyadharshini Elanchelian

secretary · Since 27/06/2003

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 7 other boards

Mrs Dianthy Priyadharshini Elanchelian

director · Since 27/06/2003

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 7 other boards

Mr Selvanayagam Elanchelian

director · Since 27/06/2003

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Mr Aaron Kirubai Elanchelian

director · Since 01/08/2022

STUDENT

BRITISH · ENGLAND · Age 26

Also on 1 other board

Persons with Significant Control

Mr Selvanayagam Elanchelian

Significant control

British · England · Age 66

Montrose, Mooracre Lane, Chesterfield, S44 6ER

Notified 20/06/2018

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/05/2004Registered 15/05/2004

CompanyRankvs 59523+ SIC 68209 peers
51

Financial strength80th percentile among SIC peers · 20/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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59523Grace Garages Limited
61
How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

£132k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£12k

Current Liabilities

£45k

Fixed Assets

£256k

1avg. employees

Tax at Year End

Corp tax£2k

Director Loans

Company owes directors£453

Balance Sheet

Assets less current liabilities£223k
Signed by Mr Selvanayagam Elanchelian 06/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26-£24k
20240.06+£6k
20230.06+£7k
20220.08+£7k
20210.08+£39k
20200.01+£9k
20190.00+£5k
20180.00—

Derived from filed accounts. Not audited figures.