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Green Grid Innovations Ltd

12598032

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)
  • Going concern doubt noted in accounts (-10)

Details

5 COBORN AVENUE, SHEFFIELD, S9 1DA
Incorporated 12/05/2020

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Andrew John Smythe

director · Since 12/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Andrew Smythe

25–50% shares
Appoint directors

British · England · Age 60

5, Coborn Avenue, Sheffield, S9 1DA

Notified 09/02/2022

Former PSCs

Mr Patrick O'Grady

Ceased 28/09/2022

CompanyRankvs 4692+ SIC 72190 peers
35

Financial strength5th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.87× · 16/20
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 strength1/25 pts

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

Employees7/15 pts

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

Liquidity16/20 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/05/2025

Net Worth

-£157k

Balance sheet strength

Cash

£179

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£7k

Current Liabilities

£4k

Fixed Assets

£270

Debtors

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by Mr A Smythe,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.87+£0
20251.87-£44k
20242.23-£37k
20231.91
20220.96
20213.41

Derived from filed accounts. Not audited figures.