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Grace Metal Powders Ltd

07110836

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

PEINE HOUSE, HEYWOOD, OL10 1JZ
Incorporated 22/12/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46720
Wholesale of metals and metal ores

Officers

Mr Gavin Mcandrew

director · Since 01/04/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 03/02/2020Registered 04/02/2020

CompanyRankvs 380+ SIC 46720 peers
60

Financial strength62th percentile among SIC peers · 16/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.44× · 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 strength16/25 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 29/02/2020

Net Worth

£54k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£376k

Working capital

Current Assets

£1.2M

Current Liabilities

£863k

Fixed Assets

£293k

Debtors

£1.0M

6avg. employees

Balance Sheet

Assets less current liabilities£669k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20201.44+£53k
20191.79

Derived from filed accounts. Not audited figures.