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Two Reasons Why Ltd

10110179

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

107 CLEETHORPE ROAD, GRIMSBY, DN31 3ER
Incorporated 07/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Ms Adele Middleton Cqsw

director · Since 07/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Persons with Significant Control

Ms Adele Middleton

75–100% shares

British · United Kingdom · Age 60

107 Cleethorpe Road, Grimsby, DN31 3ER

Notified 06/04/2017

Mr Reuben Middleton

25–50% shares
25–50% votes

British · United Kingdom · Age 23

107, Cleethorpe Road, Grimsby, DN31 3ER

Notified 13/03/2020

Miss Grace Middleton

25–50% shares
25–50% votes

British · United Kingdom · Age 23

107, Cleethorpe Road, Grimsby, DN31 3ER

Notified 13/03/2020

CompanyRankvs 21380+ SIC 64209 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 45.61× · 20/20
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 strength23/25 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.

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.

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 30/06/2025

Net Worth

£2.8M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.4M

Current Liabilities

£30k

Fixed Assets

£1.5M

1avg. employees-1

Balance Sheet

Assets less current liabilities£2.8M
Signed by Ms Adele Middleton 26 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202545.61+£300k
202476.63+£151k
2023225.49+£249k
202264.52+£529k
202176.03+£518k
202051.70+£1.7M
2019-14.15

Derived from filed accounts. Not audited figures.