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Groove Armada Limited

07295528

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

FIRST FLOOR EQUINOX 1, WETHERBY, LS22 7RD
Incorporated 25/06/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Robert James Glenister

secretary · Since 25/06/2010

Mr Robert James Glenister

director · Since 25/06/2010

DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Andreas Mark Vaern

director · Since 25/06/2010

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Andreas Vaern

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

First Floor, Equinox 1, Wetherby, LS22 7RD

Notified 06/04/2016

Mr Robert Glenister

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

First Floor, Equinox 1, Wetherby, LS22 7RD

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 15/07/2013Registered 17/07/2013
charge
outstanding

HSBC BANK PLC

Created 15/06/2011Registered 17/06/2011

CompanyRankvs 656+ SIC 47910 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.26× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 30/06/2025

Net Worth

£215k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£272k

Working capital

Current Assets

£488k

Current Liabilities

£216k

Fixed Assets

£14k

5avg. employees

Balance Sheet

Assets less current liabilities£286k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.26+£30k
20241.43+£51k
20232.27+£79k
20221.99+£24k
20212.16-£32k
20201.37+£3k
20191.31-£5k
20181.53

Derived from filed accounts. Not audited figures.