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Grange Cross Limited

11872756

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

C/O THOMPSON COMMERCIALS LIMITED SALVESEN WAY, HULL, HU3 4UQ
Incorporated 09/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Paul Thomas Simpson

director · Since 09/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 4 other boards

Mr James Jon Swaby

director · Since 17/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 10 other boards

Mr Robert Ellis Thorpe

director · Since 17/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 12 other boards

Mr Michael Thomas Hill

director · Since 03/04/2024

DIRECTOR

ENGLISH · ENGLAND · Age 34

Also on 3 other boards

Persons with Significant Control

Newbegin Holdings Limited

75–100% shares
75–100% votes

Newbegin House, 14-16 Newbegin, Beverley, HU17 8EG

Reg: 10275347 · Companies House · Private Company Limited By Shares

Notified 09/03/2019

Charges2 outstanding

Charge
outstanding

PAUL SIMPSON · MAIRI ANN SIMPSON · GEORGE PAUL SIMPSON · GRACE ELIZABETH SIMPSON · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 17/12/2021Registered 23/12/2021
Charge
outstanding

HSBC UK BANK PLC

Created 17/12/2021Registered 21/12/2021

CompanyRankvs 15328+ SIC 64209 peers
36

Financial strength71th percentile among SIC peers · 18/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees14/15 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.

Longevity7/15 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 company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£480k

Annual revenue

Net Worth

£100k

Balance sheet strength

Cash

£17k

Cash in the bank

Profit Before Tax

£472k

Bottom line earnings

Net Current Assets

-£2.1M

Working capital

Current Assets

£989k

Current Liabilities

£3.1M

Debtors

£972k

Admin Expenses

£1k

Operating Profit

£479k

Profit After Tax

£354k

5avg. employees+1

Tax at Year End

Corp tax£124k
Dividends paid£275k

Balance Sheet

Assets less current liabilities£303k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32+£0
20230.31+£0
20220.30+£0
20210.30+£0
20200.31

Derived from filed accounts. Not audited figures.