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Grovewell Properties Ltd

14469660

active
Private Limited Company
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

2ND FLOOR - PARKGATES BURY NEW ROAD, MANCHESTER, M25 0TL
Incorporated 08/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

David Litke

director · Since 08/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 11 other boards

Persons with Significant Control

David Litke

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

British · England · Age 37

2nd Floor - Parkgates, Bury New Road, Manchester, M25 0TL

Notified 08/11/2022

CompanyRankvs 61216+ SIC 68320 peers
42

Financial strength13th percentile among SIC peers · 3/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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61216Grovewell Properties Ltd
37
How is this score calculated?
Financial strength3/25 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.

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.

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 30/11/2024

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£12k

Current Liabilities

£21k

5avg. employees

Balance Sheet

Assets less current liabilities-£9k
Signed by 14469660 2023-12-01 2024-11-30 14469660 2024-11-30 14469660 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59-£18k
20232.41—

Derived from filed accounts. Not audited figures.