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Groversax Development Limited

09977352

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

80 COMPAIR CRESCENT, IPSWICH, IP2 0EH
Incorporated 29/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Lloyd O'Connor

director · Since 29/01/2016

ENGINEER

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

Persons with Significant Control

Mr Lloyd O'Conner

75–100% shares

British · England · Age 68

Lb Group, Suffolk House, 7 Hydra Orion Court, Great Blakenham, Ipswich, IP6 0LW

Notified 13/02/2018

CompanyRankvs 64213+ SIC 82990 peers
61

Financial strength56th percentile among SIC peers · 14/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.86× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/01/2022

Net Worth

£3k

Balance sheet strength

Cash

£49

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£38k

Current Liabilities

£21k

Debtors

£38k

1avg. employees

Tax at Year End(2021)

Corp tax£14k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20221.86-£12k
20212.78+£7k
20202.43+£9k
20190.50
20181.15

Derived from filed accounts. Not audited figures.