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Groundline Engineering Limited

08893929

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2-4 PACKHORSE ROAD, GERRARDS CROSS, SL9 7QE
Incorporated 13/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Richard John Cleland

director · Since 02/07/2015

COMPANY DIRECTOR

NEW ZEALANDER · NEW ZEALAND · Age 56

Mr Ian James Flatley

director · Since 02/07/2015

COMPANY DIRECTOR

NEW ZEALANDER,BRITISH · NEW ZEALAND · Age 58

Mr Adam Thomas Yates

director · Since 29/07/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Ian James Flatley

Significant control

New Zealander,British · New Zealand · Age 58

10, Charteris Bay Road, Charteris Bay, 8971

Notified 06/04/2016

Mr Richard John Cleland

Significant control

New Zealander · New Zealand · Age 56

14 Deloraine Street, Somerfield

Notified 06/04/2016

CompanyRankvs 7447+ SIC 43999 peers
72

Financial strength96th percentile among SIC peers · 24/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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7447Groundline Engineering Limited
72
How is this score calculated?
Financial strength24/25 pts

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

Employees1/15 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.

Longevity12/15 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 31/03/2025

Net Worth

£950k

Balance sheet strength

Cash

£444k

Cash in the bank

Net Current Assets

£887k

Working capital

Current Assets

£1.6M

Current Liabilities

£723k

Fixed Assets

£121k

Debtors

£1.2M

0avg. employees-24

Tax at Year End(2024)

Corp tax£219k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.23+£19k
20242.12+£101k
20232.78+£243k
20222.67-£102k
20213.30+£250k
20201.96+£300k
20191.89—

Derived from filed accounts. Not audited figures.