Grovewood General Insurance Services Ltd
05213201
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 24/08/2004
COMPANY DIRECTOR
BRITISH · Age 62
Also on 1 other board
Persons with Significant Control
Mr Rodney Gerald Frank Annable
British · England · Age 71
Grovewood House, High Wycombe, HP14 3LU
Notified 24/08/2016
CompanyRankvs 1155+ SIC 65110 peers39
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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.
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
-£3k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£41k
Current Liabilities
£44k
Debtors
£24k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.94 |
| 2023 | 1.53 |
| 2021 | 1.87 |
| 2020 | 2.33 |
| 2019 | 1.01 |
| 2018 | 1.01 |
Derived from filed accounts. Not audited figures.