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Gradestone Limited

05792084

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

SUITE 20 DURHAM TEES VALLEY BUSINESS CENTRE, STOCKTON-ON-TEES, TS19 0GD
Incorporated 24/04/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87900
Other residential care activities

Officers

Vinod Hukkeri

director · Since 02/05/2006

REGISTERED NURSE

BRITISH · ENGLAND · Age 52

Mrs Bharathi Panjadka

director · Since 10/07/2014

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Vinod Hukkeri

25–50% shares
25–50% votes

British · England · Age 52

89a, High Street, Yarm, TS15 9BG

Notified 06/04/2017

Bharathi Panjadka

25–50% shares
25–50% votes

British · United Kingdom · Age 58

89a, High Street, Yarm, TS15 9BG

Notified 06/04/2017

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/10/2016Registered 27/10/2016
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/06/2015Registered 30/06/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/05/2008Registered 14/05/2008Satisfied 14/07/2017
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/10/2007Registered 25/10/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/09/2007Registered 21/09/2007

CompanyRankvs 25+ SIC 87900 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/03/2025

Turnover

£11.7M

Annual revenue

Net Worth

£10.0M

Balance sheet strength

Cash

£7.0M

Cash in the bank

Profit Before Tax

£3.2M

Bottom line earnings

Net Current Assets

£5.3M

Working capital

Current Assets

£7.2M

Current Liabilities

£1.9M

Fixed Assets

£6.8M

Debtors

£79k

Cost of Sales

£483k

Gross Profit

£11.2M

Admin Expenses

£8.0M

Operating Profit

£3.2M

Profit After Tax

£2.4M

264avg. employees

Tax at Year End

Corp tax£863k
Dividends paid-£175k

Director Loans(2024)

Company owes directors£43k

People Costs

Wages & salaries£5.5M
NI contributions£475k

Balance Sheet

Intangible assets£467k
Interest payable£115k
Assets less current liabilities£12.1M
Signed by Mr Vinod Hukkeri 31st March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.77+£0
20253.77+£5.9M
20240.36+£326k
20230.83+£232k
20221.13+£588k
20212.69+£946k
20202.10+£249k
20191.71

Derived from filed accounts. Not audited figures.