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Grassend Properties Ltd

11063489

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

ALEX HOUSE 260-268, SALFORD, M3 5JZ
Incorporated 14/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
56102
Unlicensed restaurants and cafes

Officers

Mr Hassen Lakhel

director · Since 14/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 3 other boards

Mr Graham Andrew Walsh

director · Since 14/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 8 other boards

Persons with Significant Control

Mr Hassen Lakhel

25–50% shares

British · England · Age 41

Alex House 260-268, Chapel Street, Salford, M3 5JZ

Notified 14/11/2017

Mr Graham Andrew Walsh

25–50% shares

British · England · Age 75

Alex House 260-268, Chapel Street, Salford, M3 5JZ

Notified 14/11/2017

Charges3 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 07/05/2021Registered 18/05/2021
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/04/2019Registered 02/05/2019
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/04/2019Registered 02/05/2019

CompanyRankvs 29744+ SIC 41100 peers
51

Financial strength75th percentile among SIC peers · 19/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.8× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees2/15 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.

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 30/11/2024

Net Worth

£56k

Balance sheet strength

Cash

£323

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£87k

Current Liabilities

£48k

Fixed Assets

£253k

Debtors

£87k

0avg. employees

Balance Sheet

Assets less current liabilities£292k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80+£17k
2023+£17k
2022+£19k
2021+£20k
20200.06+£11k
20190.22-£20k
20180.02

Derived from filed accounts. Not audited figures.