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Honingham Gridco Ltd

13916487

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

HONINGHAM THORPE FARM NORWICH ROAD, NORWICH, NR9 5BZ
Incorporated 15/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35140
Trade of electricity

Officers

Mr Ian James Alston

director · Since 15/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

James Thomas Alston

director · Since 15/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

James Thomas Alston

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

British · United Kingdom · Age 40

Honingham Thorpe Farm, Norwich Road, Norwich, NR9 5BZ

Notified 15/02/2022

Charges1 outstanding

Charge
outstanding

SUFFOLK COUNTY COUNCIL

Created 25/07/2022Registered 11/08/2022

CompanyRankvs 872+ SIC 35140 peers
41

Financial strength3th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.61× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

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 31/03/2025

Net Worth

-£327k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.0M

Current Liabilities

£363k

Debtors

£264k

2avg. employees

Balance Sheet

Assets less current liabilities£1.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20255.61-£123k
20242.08-£122k
20232.53

Derived from filed accounts. Not audited figures.