Grovehurst Newsagents Limited
06647791
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/07/2008
DIRECTOR
BRITISH · UNITED KINGDOM · Age 87
Also on 1 other board
director · Since 01/10/2019
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Persons with Significant Control
Mr Bachubhai Patel
British · United Kingdom · Age 87
2 Hurst Lane, Kemsley, Sittingbourne, Kent, ME10 2SS
Notified 01/06/2016
Former PSCs
Mr Pravinbhai Patel
Ceased 01/10/2019
Mrs Bhadraben Patel
Ceased 07/12/2017
CompanyRankvs 5648+ SIC 47190 peers66
Show leaderboard
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 30/09/2025
Net Worth
£17k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£14k
Working capital
Current Assets
£135k
Current Liabilities
£150k
Fixed Assets
£51k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.90 | +£2k |
| 2024 | 0.87 | +£5k |
| 2023 | 0.80 | -£4k |
| 2022 | 1.13 | -£3k |
| 2021 | 1.15 | +£575 |
| 2020 | 1.11 | -£32k |
| 2019 | 1.74 | +£5k |
| 2018 | 1.84 | — |
Derived from filed accounts. Not audited figures.