Grace Gadgets & Vapes Ltd
12987389
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 30/10/2020
BUSINESS PERSON
BRITISH · UNITED KINGDOM · Age 33
Persons with Significant Control
Mr Narveldeep Singh Khurana
British · United Kingdom · Age 33
47, Ascot Gardens, Southall, UB1 2SA
Notified 30/10/2020
CompanyRankvs 4000+ SIC 47190 peers69
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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
£60k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£60k
Working capital
Current Assets
£118k
Current Liabilities
£57k
Fixed Assets
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.05 | +£39k |
| 2023 | 1.22 | +£9k |
| 2022 | 1.13 | +£11k |
| 2021 | 0.92 | — |
Derived from filed accounts. Not audited figures.