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Gr Realisations 2024 Limited

06799848

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O INTERPATH ADVISORY, 4TH FLOOR, LEEDS, LS1 4DP
Incorporated 23/01/2009

Compliance

Last accounts

31/12/2022

full

Next accounts due

30/09/2024

Overdue

Confirmation statement

Last: 06/11/2023

Due 20/11/2024

Overdue

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Benjamin Leslie Spence

director · Since 23/01/2009

DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Gary Charles Panons

director · Since 01/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Mr James Christopher Michael Woolley

director · Since 22/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 22 other boards

Persons with Significant Control

Wonder Group Bidco Limited

75–100% shares
75–100% votes
Appoint directors

Amscan International, Brudenell Drive, Milton Keynes, MK10 0DA

Reg: 12903567 · Companies House · Private Limited Company

Notified 01/10/2021

Former PSCs

Mr Benjamin Leslie Spence

Ceased 01/10/2021

Charges2 outstanding

Charge
outstanding

PNC BUSINESS CREDIT A TRADING STYLE OF PNC FINANCIAL SERVICES UK LTD

Created 29/10/2021Registered 10/11/2021
Charge
outstanding

ENDLESS LLP

Created 01/10/2021Registered 11/10/2021
charge
satisfied

HSBC BANK PLC

Created 06/11/2012Registered 07/11/2012Satisfied 19/08/2021

Insolvency History1 case

in administration

James Richard Clark (practitioner) · William James Wright (practitioner)

CompanyRankvs 15+ SIC 47990 peers
20

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 5.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -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 going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£12.0M

Annual revenue

Net Worth

£14.4M

Balance sheet strength

Cash

£278k

Cash in the bank

Profit Before Tax

£1.7M

Bottom line earnings

Net Current Assets

£14.4M

Working capital

Current Assets

£17.9M

Current Liabilities

£3.5M

Fixed Assets

£54k

Debtors

£14.6M

Cost of Sales

£4.5M

Gross Profit

£7.5M

Admin Expenses

£1.6M

Operating Profit

£1.7M

Profit After Tax

£1.3M

27avg. employees

Tax at Year End

Corp tax£296k
Dividends paid£0

People Costs

Wages & salaries£774k
NI contributions£68k

Balance Sheet

Intangible assets£51k
Assets less current liabilities£14.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20215.07+£1.3M
20217.67

Derived from filed accounts. Not audited figures.