Grid Smarter Cities Ltd
07047102
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 20/03/2026
Due 03/04/2027
Industry
Officers
director · Since 09/05/2017
DIRECTOR
IRISH · ENGLAND · Age 72
Also on 9 other boards
secretary · Since 24/03/2023
director · Since 15/12/2025
BRITISH · ENGLAND · Age 68
Also on 3 other boards
Persons with Significant Control
Mr David John Comyn
Irish · England · Age 72
Metropolitan House, Longrigg, Newcastle Upon Tyne, NE16 3AS
Notified 06/04/2016
Mrs Lucinda Janet Mcleod Harris
British · United Kingdom · Age 68
Metropolitan House, Longrigg, Newcastle Upon Tyne, NE16 3AS
Notified 25/11/2025
Former PSCs
Mr Neil Andrew Herron
Ceased 04/06/2024
Charges2 outstanding
SIMON MORGAN
DAVID COMYN
CompanyRankvs 5770+ SIC 62012 peers69
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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.
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
the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business , and is shown net of VAT and other sales rel
Key FinancialsYear ending 30/09/2024
Net Worth
£1.5M
Balance sheet strength
Cash
£42k
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£1.2M
Current Liabilities
£154k
Fixed Assets
£1.3M
Debtors
£1.2M
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 8.01 | +£371k |
| 2023 | 3.36 | +£2.7M |
| 2022 | 3.58 | -£1.5M |
| 2021 | 7.64 | -£1.6M |
| 2020 | 12.42 | -£1.4M |
| 2019 | 4.76 | — |
Derived from filed accounts. Not audited figures.