The Grow Project South Cic
12462110
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 12/02/2026
Due 26/02/2027
Industry
Officers
Former
director · Resigned 14/12/2022
Persons with Significant Control
Mr Shoaib Arshid
British · England · Age 36
Bank House, Canute Road, Southampton, SO14 3AB
Notified 14/12/2022
Former PSCs
Mr Steven Paul Harris
Ceased 14/12/2022
Change History
Active
Community Interest Company
BANK HOUSE
SOUTHAMPTON
CompanyRankvs 4917+ SIC 88100 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£607k
Balance sheet strength
Cash
£16
Cash in the bank
Net Current Assets
-£715k
Working capital
Current Assets
£3k
Current Liabilities
£717k
Fixed Assets
£108k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | +£0 |
| 2025 | 0.00 | -£218k |
| 2024 | 0.01 | -£433k |
| 2023 | 0.06 | -£3k |
| 2022 | 0.43 | +£22k |
| 2021 | 2.02 | — |
Derived from filed accounts. Not audited figures.
Filing History21 filings
accounts with accounts type total exemption full
confirmation statement with no updates
change person director company with change date
change to a person with significant control
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with no updates
confirmation statement with no updates
accounts with accounts type total exemption full
termination director company with name termination date
notification of a person with significant control
cessation of a person with significant control
appoint person director company with name date
accounts with accounts type total exemption full
gazette filings brought up to date
confirmation statement with no updates
dissolved compulsory strike off suspended
gazette notice compulsory
confirmation statement with no updates
incorporation community interest company