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Grace Rekords Ltd

11687931

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

2 WARNER HOUSE, HARROVIAN BUSINESS VILLAGE, HARROW, HA1 3EX
Incorporated 20/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities
90010
Performing arts
90020
Support activities to performing arts

Officers

Mr Sumant Bahl

director · Since 05/01/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 9 other boards

Persons with Significant Control

Mr Sumant Bahl

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

British · England · Age 53

2, Warner House, Harrovian Business Village, Harrow, HA1 3EX

Notified 20/11/2018

Mr Jaspal Bahra

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

British · United Kingdom · Age 41

116a, Nalders Road, Chesham, HP5 3BZ

Notified 20/11/2018

CompanyRankvs 13591+ SIC 59200 peers
28

Financial strength1th percentile among SIC peers · 0/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength0/25 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.

Liquidity2/20 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 30/11/2020

Net Worth

-£221k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£171k

Working capital

Current Assets

£14k

Current Liabilities

£185k

Fixed Assets

£0

0avg. employees-1

Balance Sheet

Assets less current liabilities-£171k
Signed by 1.12.19Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20200.08

Derived from filed accounts. Not audited figures.