Company Overview
Groundwater Lift Trucks Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 31 March 1998, so this is a well established company. Groundwater Lift Trucks Limited has been in business for 28 years. The accounts status is full and the accounts are next due on Thursday 30 April 2026.
Registered Address

Spurryhillock Industrial Estate, Stonehaven, AB39 2NH
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameGROUNDWATER LIFT TRUCKS LIMITED
Company NumberSC184382
Registered Office AddressSpurryhillock Industrial Estate
 Stonehaven
 AB39 2NH
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date31/03/1998
Accounting Reference Date Day30
Accounting Reference Date Month7
Accounts Next Due Date30/04/2026
Accounts Last Made Up Date31/07/2024
Accounts Account CategoryFULL
Returns Next Due Date10/04/2017
Returns Last Made Up Date13/03/2016
Directors & Members
Show Resigned
Barry Groundwater - Director
(British, 53 years old, born May 1973)
Appointed 06 May 1998
 Active
Kathleen Groundwater - Director
(British, 76 years old, born June 1950)
Appointed 06 May 1998
 Active
Kevin Groundwater - Director
(British, 55 years old, born February 1971)
Appointed 06 May 1998
 Active
David Groundwater - Director
(British, 80 years old, born October 1946)
Appointed 06 May 1998
 Active
Secretaries
Show Resigned
Other Company Directorships
Barry Groundwater
STEVE REID AUTOBODY LIMITED
Kathleen Groundwater
No companies found
Kevin Groundwater
No companies found
David Groundwater
KINCARDINE PROPERTIES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2015 31-Jul-2014
Balance Sheet
Fixed Assets 12,414,610 12,414,610 10,493,108
Current Assets 2,843,275 2,843,275 3,556,195
Creditors Due Within One Year 4,272,931 4,272,931 4,071,597
Working Cap -1,429,656 -1,429,656 -515,402
Total Assets Less Current Liabilities 10,984,954 10,984,954 9,977,706
Long-term Liabilities 4,759,678 4,759,678 4,715,571
Net Assets 6,225,276 6,225,276 5,262,135
Share Capital & Reserves
Share Cap 400 400 400
Profit & Loss Reserves 6,224,876 6,224,876 5,261,735
Other Reserves 0 0 0
Shareholders Funds 6,225,276 6,225,276 5,262,135
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2015 31-Jul-2014
Tangible Fixed Assets - - -
Fixed Assets 81.4% 81.4% 74.7%
Stocks Inventory 10.1% 10.1% 14.8%
Debtors 6.9% 6.9% 7.9%
Cash Bank In Hand 1.1% 1.1% 1.5%
Current Assets 18.6% 18.6% 25.3%
Creditors Due Within One Year 28.0% 28.0% 29.0%
Net Current Assets Liabilities -9.4% -9.4% -3.7%
Creditors Due After One Year 31.2% 31.2% 33.6%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 40.8% 40.8% 37.5%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 40.8% 40.8% 37.5%
Shareholder Funds 40.8% 40.8% 37.5%
Capital Employed - - -
Total Assets Less Current Liabilities 72.0% 72.0% 71.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2015 31-Jul-2014
Liquidity Ratio 0.7 0.7 0.9
Solvency Ratio 1.7 1.7 1.6
Reserves to Assets 0.4 0.4 0.4
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 5
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2015 31-Jul-2014
Assets 15,257,885 15,257,885 14,049,303
Debt 9,032,609 9,032,609 8,787,168
Net Assets/Debt 6,225,276 6,225,276 5,262,135

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 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.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 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.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 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 AB39 2NH
ROSE ACCESS SOLUTIONS LIMITED
C/O INTERPATH LTD, 5th Floor, 130 St. Vincent Street, Glasgow, AB39 2NH
POLYMER HOLDINGS LIMITED
UNITS 1/3 BROOMHILL ROAD, SPURRYHILLOCK IND ESTATE, STONEHAVEN, ABERDEENSHIRE, AB39 2NH
ANDERSON TECHNICAL SERVICES (STONEHAVEN) LIMITED
SEL BUILDING, BROOMHILL ROAD, STONEHAVEN, AB39 2NH
POLYMER N2 LIMITED
NORTH ACCESS, BROOMHILL ROAD, STONEHAVEN, ABERDEENSHIRE, AB39 2NH
POLYMER N3 LIMITED
NORTH ACCESS, BROOMHILL ROAD, STONEHAVEN, ABERDEENSHIRE, AB39 2NH
REDHILL DEVELOPMENTS LIMITED
UNITS 1-3, BROOMHILL ROAD, STONEHAVEN, ABERDEENSHIRE, AB39 2NH
A & I COACHES LTD.
UNIT 19 & 20 SPURRYHILLOCK INDUSTRIAL ESTATE, BROOMHILL ROAD, STONEHAVEN, ABERDEENSHIRE, AB39 2NH
KINCARDINE PROPERTIES LIMITED
GROUNDWATER LIFT TRUCKS LTD SPURRYHILLOCK INDUSTRIAL ESTATE, BROOMHILL ROAD, STONEHAVEN, KINCARDINESHIRE, AB39 2NH
SKY PROPERTIES (SCOTLAND) LIMITED
SKY HOUSE SPURRYHILLOCK INDUSTRIAL ESTATE, BROOMHILL ROAD, STONEHAVEN, AB39 2NH
RUBBER ENGINEERING LIMITED
UNIT1-3, BROOMHILL ROAD, SPURRYHILLOCK INDUSTRIAL ESTATE, STONEHAVEN, ABERDEENSHIRE, AB39 2NH
Document Filings
Confirmation statement made on 13 March 2026 with no updates
Confirmation statement made on 13 March 2025 with no updates
Confirmation statement made on 13 March 2024 with no updates
Confirmation statement made on 13 March 2023 with no updates
Confirmation statement made on 13 March 2022 with no updates
Confirmation statement made on 13 March 2021 with no updates
Notification of Barry Groundwater as a person with significant control on 1 January 2020
Notification of Kathleen Groundwater as a person with significant control on 1 January 2021
Termination of appointment of Mackinnons as a secretary on 21 April 2020
Confirmation statement made on 13 March 2020 with no updates
Confirmation statement made on 13 March 2019 with no updates
Previous accounting period shortened from 31 July 2017 to 30 July 2017
Confirmation statement made on 13 March 2018 with no updates
Confirmation statement made on 13 March 2017 with updates
Annual return made up to 13 March 2016 with full list of shareholders
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free