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Grigg Brothers Ltd

08818205

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2 DUNHEVED COURT PENNYGILLAM WAY, LAUNCESTON, PL15 7ED
Incorporated 17/12/2013

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/12/2025

Due 31/12/2026

On track

Industry

35110
Production of electricity

Officers

Mr Nicholas Grigg

director · Since 17/12/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Mr Nicholas Grigg

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

British · United Kingdom · Age 41

12 Randall Way, Herne Bay, CT6 5FS

Notified 06/04/2016

Former PSCs

Mr Christopher Richard Grigg

Ceased 12/01/2026

CompanyRankvs 1061+ SIC 35110 peers
67

Financial strength79th percentile among SIC peers · 20/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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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.

Employees3/15 pts

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

Liquidity16/20 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.

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

£138k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£110k

Current Liabilities

£63k

Fixed Assets

£121k

0avg. employees

Balance Sheet

Assets less current liabilities£168k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.75-£25k
20233.33-£23k
20223.86-£15k
20212.20+£23k
20201.99+£25k
20190.52+£42k
20180.17

Derived from filed accounts. Not audited figures.