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Gridsource Limited

09633536

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

HAYWARDS ROOM HENLOW BRIDGE LAKES, HENLOW, SG16 6DD
Incorporated 11/06/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/12/2025

Due 17/12/2026

On track

Industry

35120
Transmission of electricity
35130
Distribution of electricity

Officers

Mrs Jacqueline Miller

secretary · Since 11/06/2016

Mr Gary Alvin Gay

director · Since 18/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 6 other boards

Mr Steven Phillip Gay

director · Since 15/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 42

Mrs Lisa Clare Clark

director · Since 15/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Mr Steven Phillip Gay

25–50% shares
25–50% votes

British · England · Age 42

Haywards Room, Henlow Bridge Lakes, Henlow, SG16 6DD

Notified 27/01/2021

Former PSCs

Mr Kelvin John Ruck

Ceased 29/03/2018

Mr Gary Alvin Gay

Ceased 24/02/2023

CompanyRankvs 210+ SIC 35120 peers
43

Financial strength3th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£368k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

-£387k

Working capital

Current Assets

£183k

Current Liabilities

£570k

Fixed Assets

£19k

Debtors

£23k

10avg. employees

Tax at Year End(2019)

Corp tax£8k

Balance Sheet

Assets less current liabilities-£368k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32-£505k
20231.33+£117k
20221.04+£154k
20210.69-£40k
20190.40

Derived from filed accounts. Not audited figures.