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Group Of Friends Ltd

14397052

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

61 PITFIELD STREET, LONDON, N1 6BU
Incorporated 04/10/2022

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

10832
Production of coffee and coffee substitutes
56101
Licensed restaurants

Officers

Mr Timothy Alasdair James Grant

director · Since 04/10/2022

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mr James Spencer

director · Since 10/10/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Persons with Significant Control

Mr Timothy Alasdair James Grant

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

British · England · Age 46

66, Paul Street, London, EC2A 4NA

Notified 04/10/2022

CompanyRankvs 1029+ SIC 10832 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.36× · 2/20
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 strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

-£181k

Balance sheet strength

Cash

£10

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£23k

Current Liabilities

£64k

Fixed Assets

£10k

Debtors

£23k

0avg. employees

Balance Sheet

Assets less current liabilities-£31k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36-£183k
20231.04

Derived from filed accounts. Not audited figures.