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Growspec Limited

13305943

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

24E NORWICH STREET, DEREHAM, NR19 1BX
Incorporated 31/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46610
Wholesale of agricultural machinery, equipment and supplies

Officers

Mr James Michael Coleman

director · Since 20/02/2025

CHAIRMAN

BRITISH · ENGLAND · Age 64

Also on 10 other boards

Mr Ashley David Skinner

director · Since 20/02/2025

MARKETING DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mrs Morven Lindsay Smith

director · Since 20/02/2025

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Andrew Peter Bourke

director · Since 31/12/2025

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Mr James Michael Coleman

25–50% shares
25–50% votes

Scottish · England · Age 64

24e, Norwich Street, Dereham, NR19 1BX

Notified 04/03/2024

Former PSCs

Mr Paul Frank Keightley

Ceased 12/06/2025

Mr Paul Frank Keightley

Ceased 31/12/2025

Charges0 outstanding

Charge
satisfied

JAMES MICHAEL COLEMAN

Created 17/01/2023Registered 19/01/2023Satisfied 18/07/2024

CompanyRankvs 550+ SIC 46610 peers
59

Financial strength56th percentile among SIC peers · 14/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.64× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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550Growspec Limited
55
How is this score calculated?
Financial strength14/25 pts

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

Employees9/15 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.

Longevity5/15 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 31/03/2025

Net Worth

£37k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£37k

Working capital

Current Assets

£95k

Current Liabilities

£58k

2avg. employees-1

Balance Sheet

Assets less current liabilities£37k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.64+£34k
20240.50-£24k
202317.44—

Derived from filed accounts. Not audited figures.