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Grandpa Greene'S Luxury Ice Cream Limited

09575956

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

5 WARD LANE, OLDHAM, OL3 5JT
Incorporated 06/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10520
Manufacture of ice cream

Officers

Mrs Carole Anne Scholes

director · Since 06/05/2015

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Mr Richard William Scholes

director · Since 06/05/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Mr Richard William Scholes

25–50% shares
25–50% votes

British · United Kingdom · Age 34

5 Ward Lane, Diggle, Oldham, OL3 5JT

Notified 06/04/2016

Mrs Carole Anne Scholes

Significant control

British · England · Age 68

5 Ward Lane, Diggle, Oldham, OL3 5JT

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/11/2021Registered 17/11/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/11/2021Registered 12/11/2021

CompanyRankvs 165+ SIC 10520 peers
51

Financial strength79th percentile among SIC peers · 20/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 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.

Longevity11/15 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 31/05/2024

Net Worth

£110k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£80k

Working capital

Current Assets

£201k

Current Liabilities

£281k

Fixed Assets

£357k

Debtors

£172k

4avg. employees+1

Balance Sheet

Assets less current liabilities£277k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71-£5k
20230.74

Derived from filed accounts. Not audited figures.