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Grass Converters Limited

06942136

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

BRYN CELLI DDU, ANGLESEY, LL61 6EQ
Incorporated 23/06/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming

Officers

Mr Mathew Venables

director · Since 14/10/2009

NONE

BRITISH · UNITED KINGDOM · Age 43

Nicola Venables

secretary · Since 25/05/2010

BRITISH

Mrs Nicola Venables

director · Since 11/02/2011

FARMER

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Gc Group Holdings Limited

75–100% shares
75–100% votes

Bryn Celli Ddu, Llanddaniel, Anglesey, LL61 6EQ

Reg: 15846267 · England And Wales · Private Company Limited By Shares

Notified 19/07/2024

Former PSCs

Mrs Jacqueline Venables

Ceased 19/07/2024

Mr Matthew Venables

Ceased 19/07/2024

Mrs Nicola Venables

Ceased 19/07/2024

Mr John Venables

Ceased 19/07/2024

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 20/01/2022Registered 27/01/2022
Charge
outstanding

HSBC BANK PLC

Created 22/06/2017Registered 28/06/2017
Charge
outstanding

HSBC BANK PLC

Created 28/07/2015Registered 30/07/2015
Charge
satisfied

BARCLAYS BANK PLC

Created 22/01/2014Registered 27/01/2014Satisfied 10/05/2016

CompanyRankvs 799+ SIC 01500 peers
65

Financial strength82th percentile among SIC peers · 21/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£804k

Balance sheet strength

Cash

£140k

Cash in the bank

Net Current Assets

£495k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.4M

Fixed Assets

£762k

Debtors

£1.3M

4avg. employees-1

Balance Sheet

Bank loans & overdrafts£142k
Assets less current liabilities£1.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.36-£7k
20232.04+£622k
20221.47-£63k
20211.40-£134k
20201.39+£213k
20191.58-£131k
20181.08

Derived from filed accounts. Not audited figures.