European Turfgrass Specialists Limited
07125873
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 07/11/2023
Persons with Significant Control
Mr Philip David Armitage
British · Germany · Age 51
25, Stokesley Road, Northallerton, DL6 2TS
Notified 07/11/2023
Former PSCs
Mrs Susan Rosemary Armitage
Ceased 07/11/2023
CompanyRankvs 43975+ SIC 74909 peers38
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£24k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£23k
Working capital
Current Assets
£19k
Current Liabilities
£42k
Fixed Assets
£594
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.45 | -£13k |
| 2024 | 0.70 | -£10k |
| 2023 | 1.00 | +£3k |
| 2022 | 0.94 | +£7k |
| 2021 | 0.79 | — |
Derived from filed accounts. Not audited figures.