Gracious Economics Limited
07322237
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Ms Nancy Lynn Smith
American · United States · Age 56
360 Lexington Avenue, 17th Floor, New York
Notified 19/07/2024
Former PSCs
Ms Grace Kite
Ceased 19/07/2024
Mr Joel Kite
Ceased 19/07/2024
CompanyRankvs 4360+ SIC 70229 peers90
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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 31/07/2024
Net Worth
£708k
Balance sheet strength
Cash
£497k
Cash in the bank
Net Current Assets
£692k
Working capital
Current Assets
£1.1M
Current Liabilities
£435k
Fixed Assets
£16k
Debtors
£630k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 2.59 | +£425k | £1.6M |
| 2023 | 1.78 | -£40k | £2.2M |
| 2022 | 4.13 | +£215k | £732k |
| 2021 | 2.09 | +£66k | £440k |
| 2020 | 1.86 | -£41k | £263k |
| 2019 | 2.34 | +£58k | — |
| 2018 | 2.67 | — | — |
Derived from filed accounts. Not audited figures.