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Grasp Technologies Limited

13892273

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

3RD FLOOR, ALTRINCHAM, WA14 2DT
Incorporated 03/02/2022

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/02/2026

Due 16/02/2027

On track

Industry

62090
Other information technology service activities

Officers

Mr Edward Michael Matthews

director · Since 03/02/2022

ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 31

Oakwood Corporate Secretary Limited

secretary · Since 30/08/2023

BRITISH

Also on 2749 other boards

Persons with Significant Control

Mr Edward Michael Matthews

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 31

Makerversity, Somerset House, London

Notified 03/02/2022

CompanyRankvs 5286+ SIC 62090 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 46.84× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.5M

Current Liabilities

£32k

Fixed Assets

£19k

Debtors

£15k

10avg. employees+6
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202446.84-£1.0M
202396.65+£2.4M
20235.18

Derived from filed accounts. Not audited figures.