Grip-Uk Ltd
07248432
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/09/2024
full
Next accounts due
30/06/2026
Confirmation statement
Last: 02/10/2025
Due 16/10/2026
Industry
Officers
director · Since 09/10/2024
INVESTOR
BRITISH · ENGLAND · Age 37
Also on 2 other boards
Persons with Significant Control
Verlinvest Sa
Place Eugene Flagey 18, Ixelles, Brussels
Notified 09/10/2024
Former PSCs
Mr Gearoid Macdomhnaill
Ceased 19/07/2021
Mr Crispin Peter Waddy
Ceased 02/08/2018
Mr Stephen Challoner
Ceased 19/07/2021
Mr Gearoid Macdomhnaill
Ceased 19/07/2021
Mercia Fund Management Limited
Ceased 09/10/2024
Charges2 outstanding
ALLIANCE FUND MANAGERS LIMITED
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 802+ SIC 93110 peers55
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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
lead to significant doubt upon the Company's ability to continue as a going concern. Thus, the directors have continued to adopt the going concern basis of accounting in preparing these financial statements. Matters covered in the Strategic Report Certain information is not shown in the Director's Report because it is shown in the Strategic Rep
Key FinancialsYear ending 30/09/2024
Turnover
£10.0M
Annual revenue
Net Worth
£2.1M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Profit Before Tax
-£1.4M
Bottom line earnings
Net Current Assets
-£170k
Working capital
Current Assets
£2.3M
Current Liabilities
£2.5M
Fixed Assets
£3.8M
Debtors
£980k
Cost of Sales
£1.3M
Gross Profit
£8.7M
Admin Expenses
£9.9M
Operating Profit
-£1.3M
Profit After Tax
-£1.4M
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.93 | -£1.4M |
| 2023 | 1.84 | -£1.6M |
| 2022 | 2.42 | -£1.6M |
| 2021 | 4.23 | +£2.5M |
| 2020 | 3.80 | — |
Derived from filed accounts. Not audited figures.