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Greasetech Drainage Solutions Limited

13792379

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

424 MARGATE ROAD, RAMSGATE, CT12 6SJ
Incorporated 09/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Robert Charles Menzies

director · Since 09/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Mr Robert John Victor Thomas

director · Since 09/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr Stuart Benfield

director · Since 26/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Robert Charles Menzies

75–100% shares
75–100% votes
Appoint directors

British · England · Age 57

424 Margate Road, Westwood, Ramsgate, CT12 6SJ

Notified 09/12/2021

Mr Robert John Victor Thomas

Significant control

British · England · Age 55

424 Margate Road, Westwood, Ramsgate, CT12 6SJ

Notified 09/12/2021

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 16/06/2022Registered 16/06/2022

CompanyRankvs 12306+ SIC 43220 peers
55

Financial strength94th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

£254k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.4M

Fixed Assets

£506k

Debtors

£1.3M

52avg. employees-10

Tax at Year End

Corp tax£71k

Balance Sheet

Intangible assets£352k
Assets less current liabilities£473k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98+£6k
20241.09—
20230.79—

Derived from filed accounts. Not audited figures.