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Growthchain Ltd

11906510

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SURESTORE, ASHTON-UNDER-LYNE, OL7 0FU
Incorporated 26/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58190
Other publishing activities
59112
Video production activities
70210
70210
73110
Advertising agencies

Officers

Mr Simon Mutalib

director · Since 26/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 10 other boards

Persons with Significant Control

Mr Simon Mutalib

75–100% shares

British · United Kingdom · Age 41

Surestore, Rayner Lane, Ashton-Under-Lyne, OL7 0FU

Notified 26/03/2019

CompanyRankvs 9695+ SIC 58190 peers
29

Financial strength6th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

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

Key FinancialsYear ending 31/03/2024

Turnover

£56k

Annual revenue

Net Worth

-£36k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£11k

Current Liabilities

£47k

Profit After Tax

£90

0avg. employees-1

Balance Sheet

Assets less current liabilities-£36k
Signed by 1.4.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.23+£67
20230.19
2021Infinity

Derived from filed accounts. Not audited figures.