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Balanced Grid Works Limited

11706102

active
Private Limited Company
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)

Details

GOODWOOD HOUSE, TAUNTON, TA1 2PX
Incorporated 30/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42220
Construction of utility projects for electricity and telecommunications

Officers

Mr Robert Newberry

director · Since 30/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 3 other boards

Mr Kevin John Parr

director · Since 30/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mrs Tina Lesley Smith

director · Since 30/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 4 other boards

Miss Ioana Tisalita

director · Since 30/11/2018

DIRECTOR

ROMANIAN · ENGLAND · Age 36

Also on 29 other boards

Persons with Significant Control

Balanced Grid Solutions Limited

25–50% shares
25–50% votes

Broom House, 39/43 London Road, Benfleet, SS7 2QL

Reg: 10674113 · Companies House · Limited

Notified 30/11/2018

Energy Market Holdings Ltd

25–50% shares
25–50% votes

Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX

Reg: Capacity Market Holdings · Companies House · Limited

Notified 30/11/2018

Zygo Developments Limited

25–50% shares
25–50% votes

Gresham House, 5-7 St Pauls Street, Leeds

Reg: 13648387 · Registrar Of Companies · Limited Company

Notified 11/10/2022

Former PSCs

Enzygo Holdings Limited

Ceased 11/10/2022

CompanyRankvs 909+ SIC 42220 peers
59

Financial strength91th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
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 strength23/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 30/06/2024

Net Worth

£396k

Balance sheet strength

Cash

£295k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£430k

Debtors

£530k

4avg. employees

Tax at Year End(2022)

Corp tax£6k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£14k
2023-£168k
2022+£59k
2021+£561k
20200.66
20190.50

Derived from filed accounts. Not audited figures.