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Grinding Services Engineering Limited

09124205

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

MULTI-TECH ENGINEERING YARD KIRKHAW LANE, KNOTTINGLEY, WF11 8RD
Incorporated 10/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Robert James Traynor

director · Since 10/07/2014

BRITISH · ENGLAND · Age 61

Former

Mr Robert Traynor

director · Resigned 23/07/2026

Persons with Significant Control

Mr Robert Traynor

75–100% shares

British · United Kingdom · Age 61

129, Denby Dale Road, Wakefield, WF2 8EB

Notified 23/07/2016

Mr Robert James Traynor

75–100% shares

British · England · Age 61

129, Denby Dale Road, Wakefield, WF2 8EB

Notified 23/07/2016

Charges1 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 16/02/2024Registered 16/02/2024

CompanyRankvs 14885+ SIC 71129 peers
40

Financial strength11th percentile among SIC peers · 3/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength3/25 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.

Liquidity6/20 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 31/07/2025

Net Worth

-£1k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£171k

Working capital

Current Assets

£211k

Current Liabilities

£382k

Fixed Assets

£170k

Debtors

£180k

10avg. employees

Tax at Year End

VAT£38k

Balance Sheet

Bank loans & overdrafts£341
Assets less current liabilities-£1k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.55+£22k£753k
20240.49-£61k£189k
20230.80£833k

Derived from filed accounts. Not audited figures.