Back to search

Groundsell Engineering Limited

07063029

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

9-11 STRATFORD ROAD, SOLIHULL, B90 3LU
Incorporated 31/10/2009

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

74100
Specialised design activities

Officers

Mr Richard Charles Groundsell

director · Since 31/10/2009

ENGINEER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Richard Charles Groundsell

75–100% shares
75–100% votes

British · England · Age 51

6, Croft Close, Leamington Spa, CV33 9RH

Notified 06/04/2016

CompanyRankvs 22964+ SIC 74100 peers
30

Financial strength12th percentile among SIC peers · 3/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Harrisons Signs Limited
90
2Cole & Son (Wallpapers) Limited
90
3Accuride International Limited
90
4F.R. Scott Limited
90
5Inuti Global Limited
90
6Sinclair Stainless Fabrications Limited
90
7A.F.R.Refrigeration Limited
90
8Main Titles Associates Limited
90
9Furness Engineering And Technology Limited
90
10Tapestry Mm Limited
90
22964Groundsell Engineering Limited
40
How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concer

Key FinancialsYear ending 31/10/2025

Net Worth

-£4k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£3k

Current Liabilities

£17k

Fixed Assets

£10k

Debtors

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£4k
Signed by Mr R C Groundsell 25 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16-£1k
20240.17-£2k
20230.19—

Derived from filed accounts. Not audited figures.