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Grip Lab Ltd

15859366

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

20 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 26/07/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Christopher Michael Daniels

director · Since 26/07/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Mr James Jerome Hatfield

director · Since 26/07/2024

MECHANIC

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Christopher Michael Daniels

25–50% shares
25–50% votes

British · United Kingdom · Age 43

20, Wenlock Road, London, N1 7GU

Notified 26/07/2024

Mr James Jerome Hatfield

25–50% shares
25–50% votes

British · United Kingdom · Age 42

20, Wenlock Road, London, N1 7GU

Notified 26/07/2024

CompanyRankvs 39994+ SIC 45200 peers
24

Financial strength8th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.27× · 2/20
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 strength2/25 pts

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

Employees3/15 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.

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 31/07/2025

Net Worth

-£21k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£15k

Current Liabilities

£57k

Fixed Assets

£21k

Debtors

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£21k
Signed by Mr Christopher Daniels 16 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.27

Derived from filed accounts. Not audited figures.