Back to search

Gravity Brands Limited

09012533

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)

Details

TARGET SPORTS LTD GROUND FLOOR, KAO TWO, LONDON ROAD, CM17 9SR
Incorporated 25/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Garry Plummer

director · Since 25/04/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Elysian Holdings Ltd

75–100% shares
75–100% votes

Target Sports Ltd, Ground Floor, Kao Two, London Road, CM17 9SR

Reg: 09706360 · Companies House · Limited By Shares

Notified 06/04/2016

CompanyRankvs 5501+ SIC 74909 peers
67

Financial strength99th percentile among SIC peers · 25/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 23049.15× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Burbidge & Son Limited
90
2Kellands (Holdings) Limited
90
3National Association Of Teachers Of Dancing Limited(The)
90
4Processors & Growers Research Organisation
90
5Selby Livestock Auction Mart Limited
90
6Contact Lens Precision Laboratories Limited
90
7Werfen Limited
90
8Butterworth Laboratories Limited
90
9Green & Preece (Grinding) Limited
90
10Seen And Heard Limited
90
5501Gravity Brands Limited
77
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.

Employees5/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

approval of the financial statements. Consequently, the Director has concluded that there are no material uncertainties that may cast significant doubt about the Company’s ability to continue as a going concern for the next 12 months from the date of approval of these financial statements. Accordingly, the going concern basis has been adopted in preparing the financial statements. Page 2 GRAVIT

Key FinancialsYear ending 31/12/2023

Net Worth

£3.5M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£3.5M

Current Liabilities

£150

Debtors

£3.5M

1avg. employees

Tax at Year End

Corp tax£430k

Balance Sheet

Assets less current liabilities£3.5M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
202323049.15

Derived from filed accounts. Not audited figures.