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Grand Steel Ltd

11071299

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 8 CARBERY ENTERPRISE PARK, LONDON, N17 8DP
Incorporated 20/11/2017

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

28/08/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

43342
Glazing

Officers

Mr Constantin Dan Saghin

director · Since 20/11/2017

ENGINEER

ROMANIAN · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Constantin Dan Saghin

75–100% shares

Romanian · United Kingdom · Age 44

Unit 1 Pride House, Shanklin Road, London, N15 4FB

Notified 20/11/2017

CompanyRankvs 4625+ SIC 43342 peers
44

Financial strength43th percentile among SIC peers · 11/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees3/15 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.

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

£3k

Balance sheet strength

Cash

£30

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£49k

Current Liabilities

£51k

Fixed Assets

£5k

Debtors

£49k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95-£18k
20231.27-£25k
20221.31+£44k
20210.88-£14k
2020+£11k
20180.96

Derived from filed accounts. Not audited figures.