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Ngs Gritting Services Ltd

09003457

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

RUSHINGTON BUSINESS PARK, SOUTHAMPTON, SO40 9AH
Incorporated 22/04/2014

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 22/04/2026

Due 06/05/2027

On track

Industry

96090
Other personal service activities

Officers

Ngs Trading & Holdings Ltd

secretary · Since 23/04/2017

Also on 3 other boards

Mr. Mayus Karia Llb Hons

director · Since 11/06/2020

GROUP MANAGING DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 7 other boards

Persons with Significant Control

Ngs Trading & Holdings Ltd

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

Ngs Offices, Rushington Business Park, Chapel Lane, Southampton, SO40 9AH

Reg: 10514006 · N/A · Limited Comapny

Notified 27/02/2017

Mr. Mayus Karia

Significant control

British · England · Age 47

Ngs Offices, Rushington Business Park, Southampton, SO40 9AH

Notified 11/06/2020

Former PSCs

Mr Vijay Karia

Ceased 11/06/2020

Ngs Corporation Plc

Ceased 27/02/2017

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 15/05/2020Registered 19/05/2020
Charge
satisfied

VIJAY KARIA · PRITHEEPAL KAUR

Created 10/01/2019Registered 15/01/2019Satisfied 05/05/2020
Charge
satisfied

NGS CORPORATION PLC

Created 21/03/2016Registered 04/04/2016Satisfied 05/12/2018

CompanyRankvs 2074+ SIC 96090 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.93× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

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 28/02/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.8M

Current Liabilities

£312k

Fixed Assets

£509k

Debtors

£1.7M

8avg. employees

Balance Sheet

Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.93+£115k
20246.44+£125k
20235.19+£151k
20229.75+£95k
20216.81+£43k
20206.17+£338k
20192.50—

Derived from filed accounts. Not audited figures.