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Grind Supply Co Limited

11962757

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 NELSON MEWS, BIDEFORD, EX39 1GY
Incorporated 25/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
47710
Retail sale of clothing in specialised stores
56102
Unlicensed restaurants and cafes

Officers

Mr Rupert Mackenzie Butcher

director · Since 25/04/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Rupert Mackenzie Butcher

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

British · United Kingdom · Age 40

5, Nelson Mews, Bideford, EX39 1GY

Notified 25/04/2019

CompanyRankvs 5061+ SIC 47640 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.42× · 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.

Employees6/15 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 31/05/2025

Net Worth

-£56k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£56k

Working capital

Current Assets

£41k

Current Liabilities

£97k

Fixed Assets

£6k

Debtors

£14k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.42-£10k
20240.38-£9k
20230.24-£25k
2022+£0
20210.38

Derived from filed accounts. Not audited figures.