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Granite Recruitment Ltd

05315604

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

BEACON INNOVATION CENTRE BEACON PARK, GREAT YARMOUTH, NR31 7RA
Incorporated 17/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Michael Andrew Buchan

director · Since 22/12/2021

CHIEF FINANCIAL OFFICER

BRITISH · SCOTLAND · Age 60

Also on 11 other boards

Mr Douglas Hunter Duguid

director · Since 22/12/2021

CHIEF EXECUTIVE OFFICER

BRITISH · SCOTLAND · Age 64

Also on 9 other boards

Persons with Significant Control

Recruitment Ventures Limited

75–100% shares

I7v House, Straloch, Newmachar, AB21 0RW

Reg: Sc714980 · Scotland · Limited Company

Notified 22/12/2021

Former PSCs

Mrs Gwen Mary Martin

Ceased 03/04/2019

Global Resource Management Limited

Ceased 23/12/2021

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 30/10/2023Registered 03/11/2023
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 21/08/2020Registered 24/08/2020Satisfied 01/04/2025
Charge
satisfied

BANK OF SCOTLAND PLC

Created 03/04/2019Registered 09/04/2019Satisfied 07/11/2023
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 16/01/2008Registered 22/01/2008Satisfied 28/03/2019

CompanyRankvs 19200+ SIC 78200 peers
68

Financial strength97th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.41× · 12/20
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 strength24/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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

£731k

Balance sheet strength

Cash

£90k

Cash in the bank

Net Current Assets

£727k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.8M

Fixed Assets

£4k

Debtors

£2.4M

5avg. employees

Tax at Year End

VAT£289k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.41-£12k£5.8M
20231.61-£4k£3.7M
20221.42+£267k£7.9M
20211.42
20183.46

Derived from filed accounts. Not audited figures.