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Gridline Plant Hire Limited

07454706

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

5 BEAUCHAMP COURT, BARNET, EN5 5TZ
Incorporated 30/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Edward Mcglinchey

director · Since 30/11/2010

DIRECTOR

IRISH · UNITED KINGDOM · Age 83

Also on 1 other board

Mr Nigel John Mcglinchey

director · Since 30/11/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mr Nigel John Mcglinchey

25–50% shares
25–50% votes

British · United Kingdom · Age 55

5 Beauchamp Court, Victors Way, Barnet, EN5 5TZ

Notified 06/04/2016

Mr Edward Mcginley

25–50% shares
25–50% votes

Irish · United Kingdom · Age 83

5 Beauchamp Court, Victors Way, Barnet, EN5 5TZ

Notified 06/04/2016

CompanyRankvs 22011+ SIC 43999 peers
57

Financial strength78th percentile among SIC peers · 20/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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22011Gridline Plant Hire Limited
53
How is this score calculated?
Financial strength20/25 pts

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

Employees1/15 pts

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

Liquidity6/20 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.

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

£67k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£50k

Current Liabilities

£89k

Fixed Assets

£142k

Debtors

£16k

0avg. employees-2

Tax at Year End

Corp tax£13k

Balance Sheet

Assets less current liabilities£102k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£4k
20240.44-£10k
20230.54—

Derived from filed accounts. Not audited figures.