Groove Media And Entertainment Ltd.
08630017
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 26/05/2025
Due 09/06/2026
Industry
Officers
director · Since 08/04/2014
COMPANY DIRECTOR
BRITISH · UNITED STATES · Age 48
Also on 16 other boards
Insolvency History1 case
Stephen Paul Grant (practitioner)
CompanyRankvs 1239+ SIC 47429 peers26
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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.
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 31/12/2024
Net Worth
-£532k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£121k
Working capital
Current Assets
£249k
Current Liabilities
£371k
Fixed Assets
£6k
Debtors
£249k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.67 | +£159k |
Derived from filed accounts. Not audited figures.