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Growing Independent Free Trade Limited

06076059

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

RIVERSIDE HOUSE, ROMFORD, RM7 7DN
Incorporated 31/01/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Jonathan William Glenny

secretary · Since 31/01/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Mr Jonathan William Glenny

director · Since 31/01/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Mr Damian Patrick Morgan

director · Since 31/01/2007

DIRECTOR

IRISH · IRELAND · Age 64

Also on 2 other boards

Mr. John Francis O'Loughlin

director · Since 31/01/2007

DIRECTOR

IRISH · IRELAND · Age 65

Persons with Significant Control

Mr Jonathan William Glenny

25–50% shares

British · United Kingdom · Age 60

Riverside House, 1-5 Como Street, Romford, RM7 7DN

Notified 06/04/2016

Former PSCs

Mr. Damian Patrick Morgan

Ceased 04/06/2018

Mr. John Francis O'Loughlin

Ceased 14/04/2025

Mr Terence Frank O'Sullivan

Ceased 14/04/2025

Macmorgan Limited

Ceased 14/04/2025

CompanyRankvs 60583+ SIC 82990 peers
58

Financial strength10th percentile among SIC peers · 3/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£10k

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£88k

Current Liabilities

£73k

Fixed Assets

£278

Debtors

£28k

3avg. employees+2

Balance Sheet

Assets less current liabilities£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.21-£13k
20241.44-£3k
20231.76-£10k
20222.97+£15k
20212.06+£115
20201.00-£11k
20191.34

Derived from filed accounts. Not audited figures.