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Grace Live In Carers Ltd

07838793

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

CHAMBERS BUSINESS CENTRE, OLDHAM, OL8 4QQ
Incorporated 08/11/2011

Compliance

Last accounts

28/11/2024

total exemption full

Next accounts due

28/08/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

87300
Residential care activities for the elderly and disabled

Officers

Ms Reginah Chidemo

director · Since 08/11/2011

NURSE

BRITISH · UNITED KINGDOM · Age 50

Ms Alice Princess Purchase

director · Since 08/11/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mrs Reginah Chidemo

50–75% shares
ownership-of-shares-50-to-75-percent-as-firm
significant-influence-or-control-as-firm

British · United Kingdom · Age 50

12 Chisholm St, Chisholm Street, Manchester, M11 2LE

Notified 07/11/2016

Ms Alice Princess Purchase

25–50% shares

British · England · Age 55

20 Gloucester Ave, Gloucester Avenue, Manchester, M45 6BX

Notified 08/11/2016

Charges0 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 05/07/2016Registered 13/07/2016Satisfied 04/09/2017

Insolvency History1 case

corporate voluntary arrangement

Andrew David Rosler (practitioner) · Thomas Bowes (practitioner)

CompanyRankvs 4618+ SIC 87300 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/11/2024

Turnover

£6.8M

Annual revenue

Net Worth

-£669k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

£354k

Bottom line earnings

Net Current Assets

-£587k

Working capital

Current Assets

£274k

Current Liabilities

£861k

Fixed Assets

£178k

Debtors

£272k

Cost of Sales

£7k

Gross Profit

£6.8M

Admin Expenses

£6.3M

Operating Profit

£434k

210avg. employees+60

Balance Sheet

Assets less current liabilities-£409k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32-£968k
20231.81+£287k
20221.40+£35k
20210.92-£130k
20201.63+£51k
20194.66-£12k
20182.89

Derived from filed accounts. Not audited figures.