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Wallace Groundworks Ltd

14383556

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

THE HUB GLADSTONE BUILDINGS, CLAY CROSS, S45 9JN
Incorporated 28/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr Peter Duncan Wallace

director · Since 28/09/2022

GROUNDWORKER

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mrs Samantha Wallace

director · Since 28/09/2022

ADMIN

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mrs Samantha Wallace

25–50% shares
25–50% votes

British · United Kingdom · Age 44

The Hub, Gladstone Buildings, Clay Cross, S45 9JN

Notified 28/09/2022

Mr Peter Duncan Wallace

25–50% shares
25–50% votes

British · United Kingdom · Age 44

The Hub, Gladstone Buildings, Clay Cross, S45 9JN

Notified 28/09/2022

CompanyRankvs 5969+ SIC 42990 peers
59

Financial strength54th percentile among SIC peers · 14/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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5969Wallace Groundworks Ltd
58
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.

Employees14/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£15k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£835

Working capital

Current Assets

£74k

Current Liabilities

£73k

Fixed Assets

£31k

10avg. employees

Balance Sheet

Assets less current liabilities£32k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01-£26k
20232.84—

Derived from filed accounts. Not audited figures.