Groundcover Limited
07875250
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/02/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
Also on 3 other boards
Persons with Significant Control
Mr Michael Arthur Mattock
British · England · Age 69
29 Arboretum Street, Nottingham, NG1 4JA
Notified 06/04/2016
CompanyRankvs 5835+ SIC 81300 peers60
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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 31/03/2025
Net Worth
£32k
Balance sheet strength
Cash
£34k
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£36k
Current Liabilities
£41k
Fixed Assets
£40k
Debtors
£1k
Tax at Year End
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.87 | -£4k |
| 2024 | 0.90 | -£17k |
| 2023 | 1.07 | -£3k |
| 2022 | 0.97 | +£9k |
| 2021 | 0.72 | +£13k |
| 2020 | 0.50 | -£10k |
| 2019 | 0.60 | — |
Derived from filed accounts. Not audited figures.