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Grocery Hub Ltd

13611049

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

75 WINGROVE GARDENS, NEWCASTLE UPON TYNE, NE4 9HR
Incorporated 09/09/2021

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Rashid Ali Syed

director · Since 13/09/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Rashid Ali Syed

75–100% shares

Pakistani · United Kingdom · Age 40

75, Wingrove Gardens, Newcastle Upon Tyne, NE4 9HR

Notified 13/09/2021

Former PSCs

Mr Syed Tanveer Shah Gillani

Ceased 13/09/2022

CompanyRankvs 15830+ SIC 47110 peers
43

Financial strength31th percentile among SIC peers · 8/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 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.

Liquidity6/20 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 30/09/2024

Net Worth

£409

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£632

Working capital

Current Assets

£30k

Current Liabilities

£31k

Fixed Assets

£19k

Debtors

£1k

4avg. employees

Balance Sheet

Assets less current liabilities£18k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.98
202311.45

Derived from filed accounts. Not audited figures.