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Gravity London Limited

06749773

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

69 WILSON STREET, LONDON, EC2A 2BB
Incorporated 14/11/2008

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/11/2025

Due 24/11/2026

On track

Industry

73110
Advertising agencies

Officers

Mr Mark Thomas Lethbridge

director · Since 14/11/2008

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 14 other boards

Mr Paul Anderson

director · Since 30/09/2011

MARKETING EXECUTIVE

BRITISH · ENGLAND · Age 61

Also on 10 other boards

Mr Andrew Michael Daynes

director · Since 07/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 7 other boards

Persons with Significant Control

Gravity Global Limited

75–100% shares
75–100% votes

69, Wilson Street, London, EC2A 2BB

Reg: 11740098 · Companies House (United Kingdom) · Private Limited Company

Notified 18/01/2019

Former PSCs

Mr Paul Anderson

Ceased 18/01/2019

Mr Sean Donald Feast

Ceased 18/01/2019

Mr Mark Thomas Lethbridge

Ceased 18/01/2019

Charges2 outstanding

Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 10/05/2023Registered 15/05/2023
Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 07/09/2021Registered 20/09/2021
Charge
satisfied

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 23/12/2019Registered 03/01/2020Satisfied 10/09/2021
Charge
satisfied

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 18/01/2019Registered 23/01/2019Satisfied 10/09/2021
charge
satisfied

MARK THOMAS LETHBRIDGE

Created 30/09/2011Registered 20/10/2011Satisfied 14/02/2017

CompanyRankvs 16560+ SIC 73110 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.73× · 16/20
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.

Liquidity16/20 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

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

Key FinancialsYear ending 31/12/2023

Net Worth

£8.2M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

-£116k

Bottom line earnings

Net Current Assets

£12.9M

Working capital

Current Assets

£30.5M

Current Liabilities

£17.6M

Fixed Assets

£1.6M

Debtors

£3.0M

Cost of Sales

£11.5M

Admin Expenses

£8.3M

Profit After Tax

-£159k

61avg. employees+1

Tax at Year End

Corp tax£112k

People Costs

Wages & salaries£3.4M

Balance Sheet

Intangible assets£778k
Assets less current liabilities£14.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.73-£159k
20221.48+£2.0M
20212.09+£301k
20193.05

Derived from filed accounts. Not audited figures.