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Growconstruct Ltd

15740229

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

33 LAMBOURNE ROAD, ILFORD, IG3 8BD
Incorporated 24/05/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Ion Bandalac

director · Since 24/05/2024

BUSINESS PERSON

ROMANIAN · ENGLAND · Age 60

Persons with Significant Control

Mr Ion Bandalac

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

Romanian · England · Age 60

33, Lambourne Road, Ilford, IG3 8BD

Notified 24/05/2024

CompanyRankvs 15285+ SIC 41201 peers
49

Financial strength38th percentile among SIC peers · 10/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 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.

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.

Longevity2/15 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 31/05/2025

Turnover

£79k

Annual revenue

Net Worth

£259

Balance sheet strength

Cash

£211

Cash in the bank

Profit Before Tax

£196

Bottom line earnings

Net Current Assets

£259

Working capital

Current Assets

£296

Current Liabilities

£37

Debtors

£85

Cost of Sales

£78k

Gross Profit

£1k

Admin Expenses

£910

Operating Profit

£196

Profit After Tax

£159

0avg. employees

Balance Sheet

Assets less current liabilities£259
Signed by 24.5.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20258.00

Derived from filed accounts. Not audited figures.