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Gray'S Locksmiths Ltd

08529170

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

8-10 NUTHALL ROAD, NOTTINGHAM, NG8 5AZ
Incorporated 14/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Andrew Palmer

director · Since 14/05/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mrs Karen Palmer

director · Since 14/05/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Palmer Prop Co Ltd

75–100% shares
75–100% votes
Appoint directors

Suite 5, The Willows, Ransom Wood Business Park, Rainworth, Mansfield, NG21 0HJ

Reg: 13768468 · Companies House · Private Limited Company By Shares

Notified 26/11/2021

Former PSCs

Mr Andrew Palmer

Ceased 26/11/2021

Charges2 outstanding

Charge
outstanding

ALLICA BANK LTD

Created 17/02/2022Registered 22/02/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 26/04/2016Registered 06/05/2016

CompanyRankvs 1035+ SIC 25990 peers
69

Financial strength73th percentile among SIC peers · 18/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.17× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees13/15 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.

Longevity13/15 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 31/05/2025

Net Worth

£282k

Balance sheet strength

Cash

£249k

Cash in the bank

Net Current Assets

£237k

Working capital

Current Assets

£347k

Current Liabilities

£110k

Fixed Assets

£60k

Debtors

£68k

14avg. employees

Balance Sheet

Assets less current liabilities£297k
Signed by Mr A Palmer 23 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.17+£0
20253.17+£20k
20242.94+£53k
20233.17+£62k
20222.57-£136k
20214.37+£142k
20203.20+£5k
20193.01

Derived from filed accounts. Not audited figures.