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Grasp Homes Limited

05830114

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

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

Details

FORMER AMBULANCE STATION, BIRMINGHAM, B19 3QE
Incorporated 26/05/2006

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

26/09/2026

On track

Confirmation statement

Last: 26/05/2025

Due 09/06/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mrs Gurdip Kaur

secretary · Since 26/05/2006

SECRETARY

BRITISH

Also on 1 other board

Mr Ranjit Singh

director · Since 26/05/2006

MANAGER

BRITISH · UNITED KINGDOM · Age 59

Also on 13 other boards

Persons with Significant Control

Grasp Global Limited

75–100% shares
75–100% votes

Former Ambulance Station, Henrietta Street, Birmingham, B19 3QE

Reg: 07653579 · Companies House · Limited By Shares

Notified 06/04/2016

Former PSCs

Mrs Gurdip Kaur

Ceased 01/06/2020

Mr Ranjit Singh

Ceased 01/06/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/11/2022Registered 23/11/2022

CompanyRankvs 32632+ SIC 68100 peers
49

Financial strength94th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
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.

Employees3/15 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 31/12/2024

Net Worth

£546k

Balance sheet strength

Cash

£65k

Cash in the bank

Net Current Assets

-£4.6M

Working capital

Current Assets

£67k

Current Liabilities

£4.7M

Debtors

£2k

0avg. employees

Balance Sheet

Bank loans & overdrafts£1.6M
Assets less current liabilities£2.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£13k
20230.02+£75k
2022+£182k
2021+£108k
20200.18+£69k
20190.10+£63k
20180.19

Derived from filed accounts. Not audited figures.