Griffen Development Limited
09888964
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/05/2021
INVESTMENT DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 2 other boards
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
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 peers63
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.33 | -£549k |
| 2023 | 2.03 | -£951k |
| 2022 | 2.76 | +£2.2M |
| 2021 | 0.62 | -£263k |
| 2020 | 1.34 | -£118k |
| 2019 | 1.65 | +£590k |
| 2018 | 0.51 | — |
Derived from filed accounts. Not audited figures.