Grounded Electrical Ltd
12944693
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/10/2020
SECRETARY
BRITISH · ENGLAND · Age 30
Also on 1 other board
director · Since 12/10/2020
FABRICATOR
BRITISH · ENGLAND · Age 34
Also on 2 other boards
Persons with Significant Control
Monahan-Waters Group Ltd
6, Queensway, Tiverton, EX16 6HT
Reg: 15876314 · Companies House · Private Company Limited By Shares
Notified 24/03/2024
Former PSCs
Mr Dominic Monahan-Waters
Ceased 24/03/2025
CompanyRankvs 2171+ SIC 25110 peers51
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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 31/10/2024
Net Worth
£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£3k
Current Liabilities
£921
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.93 | -£4k |
| 2023 | 3.06 | -£7k |
| 2022 | 1.29 | +£1k |
| 2021 | 1.18 | — |
Derived from filed accounts. Not audited figures.