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Grace'S Bakery Limited

05002404

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

178 HIGH STREET, ISLE OF WIGHT, PO33 2HW
Incorporated 23/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mrs Carole May Redrup

secretary · Since 23/12/2003

BAKERY PROPRIETOR

BRITISH · Age 67

Also on 1 other board

Mrs Carole May Redrup

director · Since 23/12/2003

COMPANY SECRETARY

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mr Raymond Stephen Redrup

director · Since 23/12/2003

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 67

Mr Daniel Raymond Redrup

director · Since 06/04/2011

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Mr David Stephen Redrup

director · Since 06/04/2011

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Raymond Stephen Redrup

25–50% shares
25–50% votes

British · England · Age 67

178 High Street, Isle Of Wight, PO33 2HW

Notified 06/04/2016

Mrs Carole May Redrup

25–50% shares
25–50% votes

British · England · Age 67

178 High Street, Isle Of Wight, PO33 2HW

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 05/12/2016Registered 12/12/2016

CompanyRankvs 603+ SIC 47240 peers
64

Financial strength90th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.87× · 6/20
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 strength23/25 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.

Liquidity6/20 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

£108k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£208k

Current Liabilities

£240k

Fixed Assets

£172k

Debtors

£92k

79avg. employees+2

Balance Sheet

Assets less current liabilities£141k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£143k
20231.55+£93k
20221.31-£13k
20211.46+£160k
20200.94
20190.60
20180.63

Derived from filed accounts. Not audited figures.