Grey-Smith Legal Limited
12496172
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Mrs Joanne Marie Bland
director · Since 04/09/2026
BRITISH · ENGLAND · Age 44
Persons with Significant Control
Mr Stephen John Padgett
British · England · Age 56
Mordon Lodge, Mordon Lodge, Stockton-On-Tees, TS21 2HD
Notified 01/08/2024
Former PSCs
Sdde Smith Group Limited
Ceased 06/02/2024
Sdde Professional Services Limited
Ceased 01/08/2024
Charges0 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 7315+ SIC 69102 peers32
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Page 3 continued... Grey-Smith Legal Limited (Registered number: 12496172) Notes to the Financial Statements - continued for the Year Ended 31 December 2024 2. ACCOUNTING POLICIES - continued Going concern The directors assess whether the use of going concern is appropriate i.e. if there are any material uncertainties related to events or conditions that may cast significant doubt on the a
Key FinancialsYear ending 31/12/2024
Net Worth
-£428k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
-£155k
Working capital
Current Assets
£313k
Current Liabilities
£467k
Fixed Assets
£175k
Debtors
£296k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.67 |
Derived from filed accounts. Not audited figures.