Company Overview
Grax Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 06 January 1993, so this is a well established company. Grax Limited has been in business for 33 years and 3 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Penniment Croft, Penniment Lane, Mansfield, NG19 6PQ
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Companies House Data
Company NameGRAX LIMITED
Company Number02777602
Registered Office AddressPenniment Croft
 Penniment Lane
 NG19 6PQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date06/01/1993
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date03/02/2017
Returns Last Made Up Date06/01/2016
Directors & Members
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2014 31-Dec-2013
Balance Sheet
Fixed Assets 318,824 318,824 314,026
Current Assets 1,958,792 1,958,792 1,794,919
Creditors Due Within One Year 695,612 695,612 561,154
Working Cap 1,263,180 1,263,180 1,233,765
Total Assets Less Current Liabilities 1,582,004 1,582,004 1,547,791
Long-term Liabilities 35,048 35,048 22,345
Net Assets 1,546,956 1,546,956 1,525,446
Share Capital & Reserves
Share Cap 176,100 176,100 176,100
Profit & Loss Reserves 1,196,856 1,196,856 1,175,346
Other Reserves 174,000 174,000 174,000
Shareholders Funds 1,546,956 1,546,956 1,525,446
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2014 31-Dec-2013
Tangible Fixed Assets - - -
Fixed Assets 14.0% 14.0% 14.9%
Stocks Inventory 33.6% 33.6% 29.6%
Debtors 50.0% 50.0% 41.3%
Cash Bank In Hand 2.4% 2.4% 14.2%
Current Assets 86.0% 86.0% 85.1%
Creditors Due Within One Year 30.5% 30.5% 26.6%
Net Current Assets Liabilities 55.5% 55.5% 58.5%
Creditors Due After One Year 1.5% 1.5% 1.1%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 67.9% 67.9% 72.3%
Called Up Share Capital 7.7% 7.7% 8.4%
Share Capital Allotted Called Up Paid 7.7% 7.7% 8.4%
Profit Loss Account Reserve 52.5% 52.5% 55.7%
Shareholder Funds 67.9% 67.9% 72.3%
Capital Employed - - -
Total Assets Less Current Liabilities 69.5% 69.5% 73.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2014 31-Dec-2013
Liquidity Ratio 2.8 2.8 3.2
Solvency Ratio 3.1 3.1 3.6
Reserves to Assets 0.5 0.5 0.6
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2014 31-Dec-2013
Assets 2,277,616 2,277,616 2,108,945
Debt 730,660 730,660 583,499
Net Assets/Debt 1,546,956 1,546,956 1,525,446

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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 NG19 6PQ
No other companies found in the same location
Document Filings
Confirmation statement made on 19 April 2025 with updates
Purchase of own shares.
Cancellation of shares. Statement of capital on 31 March 2023
Statement of capital on 12 December 2024
Solvency Statement dated 10/12/24
Resolutions
Previous accounting period shortened from 30 June 2024 to 31 December 2023
Previous accounting period extended from 31 December 2023 to 30 June 2024
Confirmation statement made on 19 April 2024 with updates
Statement of capital on 13 December 2023
Statement by Directors
Solvency Statement dated 30/11/23
Resolutions
Director's details changed for Mr Frank Walker Doherty on 30 November 2023
Change of details for Mr Frank Walker Doherty as a person with significant control on 30 November 2023
Confirmation statement made on 19 April 2023 with updates
Satisfaction of charge 2 in full
Registered office address changed from Grax House Northern Court Nottingham NG6 0BJ England to Penniment Croft Penniment Lane Mansfield NG19 6PQ on 31 March 2023
Termination of appointment of Jarrod Bell as a secretary on 31 March 2023
Termination of appointment of Jarrod Bell as a director on 31 March 2023
Termination of appointment of Timothy Knight as a director on 31 March 2023
Satisfaction of charge 1 in full
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