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Griffen Development Limited

09888964

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

GROUND AND LOWER GROUND, LONDON, W1K 2RZ
Incorporated 25/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Rui Miguel Rodrigues Nobre

director · Since 25/11/2015

DIRECTOR

PORTUGUESE · UNITED KINGDOM · Age 55

Mr Bruce Kenneth Bailey

director · Since 06/05/2021

INVESTMENT DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Mr Andrew Bradford Mcguigan

director · Since 06/05/2021

DEVELOPMENT DIRECTOR

BRITISH · SCOTLAND · Age 55

Also on 5 other boards

Persons with Significant Control

Mr Rui Miguel Rodrigues Nobre

Significant control

Portuguese · England · Age 55

C/O Atoz Services Uk Ltd, 2/F, Room 201, London, WC2H 0HF

Notified 06/04/2016

Former PSCs

Gripon Limited

Ceased 06/04/2016

Select Industrial Real Estate Uk Fund Limited

Ceased 06/04/2016

Cheyne Real Estate Diversified Equity Holdings Spc

Ceased 06/04/2016

CompanyRankvs 8433+ SIC 68320 peers
63

Financial strength96th percentile among SIC peers · 24/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.33× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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.

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

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

Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 . The following principal accounting policies have been applied: 2.2 Going concern These financial statements have been prepared on a going concern basis. No material uncertainties that may cast significant doubt about the ability of the Company to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£507k

Balance sheet strength

Cash

£104k

Cash in the bank

Net Current Assets

£507k

Working capital

Current Assets

£890k

Current Liabilities

£382k

Debtors

£786k

0avg. employees
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.33-£549k
20232.03-£951k
20222.76+£2.2M
20210.62-£263k
20201.34-£118k
20191.65+£590k
20180.51

Derived from filed accounts. Not audited figures.