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Grid 2.0 Ltd

06902994

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

Details

CONNEXIONS, IPSWICH, IP1 1QJ
Incorporated 12/05/2009

Compliance

Last accounts

30/06/2023

total exemption full

Next accounts due

31/03/2025

Overdue

Confirmation statement

Last: 30/06/2023

Due 14/07/2024

Overdue

Industry

16230
Manufacture of other builders' carpentry and joinery
25110
Manufacture of metal structures and parts of structures
25210
Manufacture of central heating radiators and boilers
26110
Manufacture of electronic components

Officers

Mr Neil David Gething

director · Since 14/11/2011

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Persons with Significant Control

Mr Neil David Gething

75–100% shares
75–100% votes

British · England · Age 65

Connexions, 159 Princes Street, Ipswich, IP1 1QJ

Notified 12/05/2016

Insolvency History1 case

creditors voluntary liquidation06/06/2024

David Paul Scrivener (practitioner) · Mark Upton (practitioner) · Richard Bloomfield (practitioner) · Hayley Watson (practitioner)

CompanyRankvs 15+ SIC 16230 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency 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.

Liquidity6/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/06/2023

Net Worth

-£1.1M

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£95k

Working capital

Current Assets

£204k

Current Liabilities

£300k

Fixed Assets

£50k

Debtors

£171k

8avg. employees

Balance Sheet

Assets less current liabilities-£45k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.68

Derived from filed accounts. Not audited figures.