Company Overview
Grid Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 05 February 1988, so this is a well established company. Grid Limited has been in business for 38 years and 1 month. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

35 Hen Parc Avenue, Upper Killay, Swansea, SA2 7HA
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Companies House Data
Company NameGRID LIMITED
Company Number02218252
Registered Office Address35 Hen Parc Avenue
 Upper Killay
 SA2 7HA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/02/1988
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date02/09/2016
Returns Last Made Up Date05/08/2015
Directors & Members
Show Resigned
Martyn Hammond - Director
(British, 68 years old, born August 1958)
Appointed 14 September 2018
 Active
Secretaries
Show Resigned
Dawn Comisini - Secretary
Appointed 14 September 2018
 Active
Other Company Directorships
Martyn Hammond
ASCUS SCREEDING LTD
COLIN B. SAVORY LIMITED
DGL ACCOUNTANCY SERVICES LIMITED
GX TECHNOLOGY LIMITED
H R HARRIS & PARTNERS (2010) LIMITED
H. R. HARRIS & PARTNERS LIMITED
TEEKE CONSULTING LIMITED
XITEK PRODUCT DESIGN LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 45 45 60
Current Assets 205 205 9,798
Creditors Due Within One Year 4,300 4,300 4,300
Working Cap -4,095 -4,095 5,498
Total Assets Less Current Liabilities -4,050 -4,050 5,558
Long-term Liabilities 0 0 0
Net Assets -4,050 -4,050 5,558
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -4,050 -4,050 5,558
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 18.0% 18.0% 0.6%
Stocks Inventory - - -
Debtors 26.8% 26.8% 98.0%
Cash Bank In Hand 55.2% 55.2% 1.4%
Current Assets 82.0% 82.0% 99.4%
Creditors Due Within One Year 1720.0% 1720.0% 43.6%
Net Current Assets Liabilities -1638.0% -1638.0% 55.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -1620.0% -1620.0% 56.4%
Capital Employed - - -
Total Assets Less Current Liabilities -1620.0% -1620.0% 56.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Liquidity Ratio 0.0 0.0 2.3
Solvency Ratio 0.1 0.1 2.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assets 250 250 9,858
Debt 4,300 4,300 4,300
Net Assets/Debt -4,050 -4,050 5,558

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around SA2 7HA
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31 Hen Parc Avenue, Upper Killay, Swansea, SA2 7HA
EUPHORIA SAILING LIMITED
35 Hen Parc Avenue, Upper Killay, Swansea, SA2 7HA
MORPHEUS HEALTH LTD
34 Hen Parc Avenue, Upper Killay, Swansea, SA2 7HA
JDM ACCOUNTING & TAX LTD
19 HIGH VIEW, PINNER, LONDON, SA2 7HA
DGL ACCOUNTANCY SERVICES LIMITED
35 HEN PARC AVENUE, UPPER KILLAY, SWANSEA, SA2 7HA
DK VASCULAR LTD
23 WILDCROFT ROAD, LONDON, SA2 7HA
SMOOTHAS LTD
14 HEN PARC AVENUE, UPPER KILLAY, SWANSEA, SA2 7HA
Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 5 August 2024 with no updates
Confirmation statement made on 5 August 2023 with no updates
Confirmation statement made on 5 August 2022 with no updates
Confirmation statement made on 5 August 2021 with no updates
Confirmation statement made on 5 August 2020 with no updates
Confirmation statement made on 5 August 2019 with no updates
Notification of Martyn John Hammond as a person with significant control on 14 September 2018
Cessation of Nicholas Timothy Stock as a person with significant control on 14 September 2018
Cessation of Gary David Ross as a person with significant control on 14 September 2018
Cessation of Jeremy Frank Saunders as a person with significant control on 14 September 2018
Registered office address changed from The Mayfield Usk Gwent NP5 1BT to 35 Hen Parc Avenue Upper Killay Swansea SA2 7HA on 14 September 2018
Appointment of Mr Martyn John Hammond as a director on 14 September 2018
Appointment of Mrs Dawn Elizabeth Comisini as a secretary on 14 September 2018
Termination of appointment of Nicholas Timothy Stock as a director on 14 September 2018
Termination of appointment of Jeremy Frank Saunders as a director on 14 September 2018
Termination of appointment of Gary David Ross as a director on 14 September 2018
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