Back to search

Grifo Developments Limited

10627255

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

3RD FLOOR THE COADE, LONDON, SE11 5EL
Incorporated 20/02/2017

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 28/08/2025

Due 11/09/2026

On track

Industry

41100
Development of building projects

Officers

Mr Stephen James Groves

director · Since 20/02/2017

ACTUARY

BRITISH · ENGLAND · Age 51

Also on 23 other boards

Mr Matthew Bates

director · Since 15/02/2023

SENIOR DEVELOPMENT MANAGER

BRITISH · UNITED KINGDOM · Age 39

Also on 14 other boards

Jemima Rose Dalton

director · Since 26/11/2024

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 43

Also on 14 other boards

Persons with Significant Control

Vestco1878

25–50% shares
25–50% votes

5 Jupiter House, Calleva Park, Reading, RG7 8NN

Reg: 10623877 · England And Wales · Private Limited Company

Notified 12/10/2018

Former PSCs

Clockhouse 2018

Ceased 22/03/2023

De Facto 2176 Limited

Ceased 21/03/2025

Charges4 outstanding

Charge
outstanding

CASTLE TRUST CAPITAL PLC

Created 23/12/2024Registered 23/12/2024
Charge
outstanding

ARBUTHNOT LATHAM & CO., LIMITED

Created 15/08/2024Registered 19/08/2024
Charge
outstanding

ARBUTHNOT LATHAM & CO., LIMITED

Created 23/02/2023Registered 08/03/2023
Charge
outstanding

ARBUTHNOT LATHAM & CO., LIMITED

Created 28/05/2021Registered 10/06/2021
Charge
satisfied

LLOYDS BANK PLC

Created 31/07/2020Registered 03/08/2020Satisfied 24/12/2024
Charge
satisfied

LLOYDS BANK PLC

Created 31/07/2020Registered 03/08/2020Satisfied 24/12/2024
Charge
satisfied

MASLOW 2 LIMITED

Created 21/12/2018Registered 21/12/2018Satisfied 28/05/2024
Charge
satisfied

MASLOW 2 LIMITED

Created 21/12/2018Registered 21/12/2018Satisfied 28/05/2024
Charge
satisfied

MASLOW 2 LIMITED

Created 21/12/2018Registered 21/12/2018Satisfied 28/05/2024

CompanyRankvs 174350+ SIC 41100 peers
59

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 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.

Liquidity6/20 pts

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

Longevity9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2023

Net Worth

£18.0M

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£1.9M

Working capital

Current Assets

£1.9M

Current Liabilities

£3.8M

Fixed Assets

£21.0M

Debtors

£1.9M

6avg. employees+3

People Costs

Wages & salaries£268k
NI contributions£35k

Balance Sheet

Assets less current liabilities£19.1M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20230.50+£7.8M
20210.45+£1.5M
20201.32

Derived from filed accounts. Not audited figures.