Paolo Frasson Grips Service Limited
08969430
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Paolo Frasson
Italian · England · Age 58
9, Lisbon Avenue, Twickenham, TW2 5HR
Notified 06/04/2016
Eva Galzerano
Italian · England · Age 52
9, Lisbon Avenue, Twickenham, TW2 5HR
Notified 06/04/2016
CompanyRankvs 1643+ SIC 59111 peers72
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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 30/04/2025
Net Worth
£38k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£12k
Working capital
Current Assets
£61k
Current Liabilities
£49k
Fixed Assets
£43k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.25 | +£22k |
| 2024 | 0.64 | -£32k |
| 2023 | 1.36 | +£0 |
| 2023 | 1.36 | -£15k |
| 2022 | 1.82 | +£647 |
| 2021 | 1.99 | +£19k |
| 2020 | 1.92 | +£20k |
| 2019 | 1.54 | +£21k |
| 2018 | 0.61 | — |
Derived from filed accounts. Not audited figures.