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Ginsmith Ltd

12593133

active
Private Limited Company
england wales
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

8 HAZEL GROVE, BACUP, OL13 9XT
Incorporated 11/05/2020

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 11/04/2026

Due 25/04/2027

On track

Industry

11010
Distilling, rectifying and blending of spirits

Officers

Mr Phil Smith

director · Since 11/05/2020

SALES MANAGER

ENGLISH · ENGLAND · Age 56

Persons with Significant Control

Mr Phil Smith

25–50% shares
25–50% votes
Appoint directors

English · England · Age 56

8, Hazel Grove, Bacup, OL13 9XT

Notified 11/05/2020

Former PSCs

Mrs Rebecca Ann Smith

Ceased 13/06/2024

CompanyRankvs 806+ SIC 11010 peers
36

Financial strength21th percentile among SIC peers · 5/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees8/15 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.

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.

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

-£28k

Balance sheet strength

Cash

£983

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£3k

Current Liabilities

£32k

Fixed Assets

£2k

Debtors

£120

1avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09-£9k
20240.15-£9k
20230.29

Derived from filed accounts. Not audited figures.