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Grid Tek Ltd

11243937

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 09/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Guy Richard Mcavoy

director · Since 09/03/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Persons with Significant Control

Mr Guy Richard Mcavoy

50–75% shares

British · England · Age 64

20-22, Wenlock Road, London, N1 7GU

Notified 09/03/2018

Former PSCs

Mr Adam Mcavoy

Ceased 21/11/2023

CompanyRankvs 11347+ SIC 71129 peers
74

Financial strength84th percentile among SIC peers · 21/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 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.

Longevity8/15 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 31/03/2025

Turnover

£276k

Annual revenue

Net Worth

£87k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£82k

Working capital

Current Assets

£82k

Current Liabilities

£0

Fixed Assets

£4k

Profit After Tax

£222k

2avg. employees-2

Balance Sheet

Depreciation£11k
Assets less current liabilities£87k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2025Infinity-£42k
2024Infinity+£99k
2023Infinity+£3k
2022Infinity+£25k
2021Infinity-£3k
2020Infinity+£885
20191.06

Derived from filed accounts. Not audited figures.