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Groundworks Productions Ltd

12526996

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O COWGILLS LIMITED, BOLTON, BL6 4SD
Incorporated 19/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

18202
Reproduction of video recording

Officers

Mr Niall Kwabena Jordan Bentil

director · Since 19/03/2020

MANAGER

BRITISH · UNITED KINGDOM · Age 30

Also on 3 other boards

Mr Billal Lahbib

director · Since 19/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 1 other board

Mr Jeffrey Owusu-Dankwa

director · Since 19/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 2 other boards

Persons with Significant Control

Mr Billal Lahbib

25–50% shares

British · England · Age 29

20-22, Wenlock Road, London, N1 7GU

Notified 19/03/2020

Mr Niall Kwabena Jordan Bentil

25–50% shares

British · United Kingdom · Age 30

20-22, Wenlock Road, London, N1 7GU

Notified 19/03/2020

Mr Jeffrey Owusu-Dankwa

25–50% shares

British · England · Age 28

20-22, Wenlock Road, London, N1 7GU

Notified 19/03/2020

Former PSCs

Mr Augusto Pitsilides

Ceased 26/08/2022

CompanyRankvs 15+ SIC 18202 peers
17

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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

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

Going Concern Doubt

cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 1.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

Key FinancialsYear ending 31/03/2022

Net Worth

-£5k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£231k

Current Liabilities

£241k

Fixed Assets

£5k

Debtors

£229k

Tax at Year End

VAT£59k

Director Loans

Company owes directors£10k

Balance Sheet

Assets less current liabilities-£5k
Signed by Mr Billal Lahbib 28/02/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20220.96-£50k£1.2M
20211.70£623k

Derived from filed accounts. Not audited figures.