Back to search

Growup Group Limited

11468710

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O INTERPATH LTD 1, MANCHESTER, M2 1HW
Incorporated 17/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64201
Activities of agricultural holding companies
70229
Management consultancy activities
72110
Research and experimental development on biotechnology
72190
Other research and experimental development on natural sciences and engineering

Officers

Ms Sarah Lovell

director · Since 20/06/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 47

Mr Michael Lee Hedges

director · Since 07/11/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Persons with Significant Control

Generate Uk Ag Holdings Limited

25–50% shares
75–100% votes
Appoint directors

1, Bartholomew Lane, London, EC2N 2AX

Reg: 13763706 · Companies House · Private Limited Company

Notified 24/12/2021

Charges2 outstanding

Charge
outstanding

GENERATE LENDING, LLC

Created 03/06/2024Registered 05/06/2024
Charge
outstanding

GENERATE LENDING, LLC

Created 24/12/2021Registered 04/01/2022

CompanyRankvs 15+ SIC 64201 peers
23

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.64× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's ability to continue as a going concern for the period used for management’s going concern assessment, which is defined as the period up to 30 October 2026. Our responsibilities and the responsibilities of the Directors

Key FinancialsYear ending 31/12/2024

Turnover

£2.9M

Annual revenue

Net Worth

-£34.4M

Balance sheet strength

Cash

£3.1M

Cash in the bank

Profit Before Tax

£22.5M

Bottom line earnings

Net Current Assets

£18.3M

Working capital

Current Assets

£19.9M

Current Liabilities

£5.4M

Fixed Assets

£11.3M

Debtors

£1.7M

Cost of Sales

£5.1M

Gross Profit

£2.2M

Admin Expenses

£13.8M

Operating Profit

£16.0M

Profit After Tax

-£22.5M

121avg. employees+55

People Costs

Wages & salaries£6.4M

Balance Sheet

Intangible assets£370k
Assets less current liabilities£29.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.64-£54.7M
20230.86+£16.7M
20211.51+£4.0M
20201.73
20190.47

Derived from filed accounts. Not audited figures.