GWE REALISATIONS 2023 LIMITED

C/O TENEO FINANCIAL ADVISORY LIMITED THE COLMORE BUILDING, 20 COLMORE CIRCUS QUEENSWAY, BIRMINGHAM, B4 6AT

Previous name: GRAINGER & WORRALL ENGINEERING LIMITED (changed on 05-Oct-2023)
Previous name: GRAINGER & WORRALL CONSULTING LIMITED (changed on 30-Jun-2014)

Company Number: 06314112
Incorporation date: 16-Jul-2007
Status: In Administration
Entity type: Private Limited Company

SIC codes:
24530 Casting of light metals
71121 Engineering design activities for industrial process and production
71122 Engineering related scientific and technical consulting activities
72190 Other research and experimental development on natural sciences and engineering


SUMMARY

This company is 16.7 years old and is currently in administration. It is controlled by Grainger & Worrall Technology Group Limited. The company has positive equity (net assets) of GBP 352.5 thousand which has decreased from the previous year's figure of GBP 404.4 thousand. The latest reported revenue figure is GBP 1 millionThe company has 3 active officers (directors or partners) who are or were officers of 9 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Jul-2023
Accounts Filed: SMALL (31-May-2021)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-May-2017 GBP 1,012,701 -27,866 -51,817
31-May-2016 GBP -1 36,437 36,800
31-May-2015 GBP -15 10,172 10,584
31-May-2014 GBP 301,013 33,432 200,196
31-May-2013 GBP 209,278 31,794 117,554
31-May-2011 GBP
31-Jul-2010 GBP
31-Jul-2009 GBP


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2017 GBP 77,879 1,317,642 456,199 923,242 20 352,528 352,548
31-May-2016 GBP 8,645 417,387 13,022 20 404,345 404,365
31-May-2015 GBP 248,282 380,733 20 367,545 367,565
31-May-2014 GBP 118,928 400,937 20 356,961 356,981
31-May-2013 GBP 173,649 432,002 115,217 20 316,765 316,785
31-May-2011 GBP 5,035 5,347 1,472 20 3,855 3,875
31-Jul-2010 GBP 5,035 5,347 1,472 20 3,855 3,875
31-Jul-2009 GBP 23,785 60,139 34,712 20 25,407 25,427

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active James Brendan GRAINGER 31 Jul 2010 28 Mar 2024 1 - 0
Resigned Alison Jane EASTWOOD 01 Oct 2008 31 Jul 2010 2 - 17
Resigned Adrian John BARKER 16 Jul 2007 31 Jul 2010 British 12 - 12

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Edward Thomas GRAINGER 01 Jun 2012 Executive Director British 4 - 21 (16.7%)
Active Matthew Patrick GRAINGER 31 Jul 2010 Managing Director British 7 - 31 (10.0%)
Active James Brendan GRAINGER 16 Jul 2007 Managing Director British 7 - 41 (9.1%)
Resigned Adrian John BARKER 16 Jul 2007 31 Jul 2010 Chartered Accountant British 12 - 128 (33.3%)
Number of active directors: 3
Average tenure of active directors: 14.1 years
Average tenure of resigned directors: 3.0 years
Average active director Dissolution Rate: 11.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
GRAINGER & WORRALL LIMITED (00980487) - Active
MOTORSPORT INDUSTRY ASSOCIATION LIMITED (02899327) - Active
GRAINGER & WORRALL MACHINING LIMITED (04776147) - Active
GRAINGER HOLDINGS LIMITED (06262704) - Active
GWE REALISATIONS 2023 LIMITED (06314112) - In Administration
GEV INVESTMENTS LIMITED (09043921) - Active
GRAINGER ADVISORY LIMITED (09044291) - Active
MARCHES CENTRE OF MANUFACTURING AND TECHNOLOGY C.I.C. (10469493) - Active
INTERNATIONAL BRITISH CONSULTING LIMITED (13117800) - Active
EVOLUTION CASTINGS GROUP LIMITED (14786291) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-08-132014-08-132013-08-132012-08-132011-08-13
GRAINGER & WORRALL TECHNOLOGY GROUP LIMITEDA ORDINARY900
45%
900
45%
0
0%
0
0%
0
0%
GRAINGER & WORRALL TECHNOLOGY GROUP LIMITEDB ORDINARY900
45%
900
45%
0
0%
0
0%
0
0%
GRAINGER HOLDINGS LIMITEDB ORDINARY100
5%
100
5%
1,000
50%
1,000
50%
0
0%
GRAINGER HOLDINGS LIMITEDA ORDINARY100
5%
100
5%
1,000
50%
1,000
50%
1,000
50%
GRAINGER HOLDINGS LIMITEDBORDINARY0
0%
0
0%
0
0%
0
0%
1,000
50%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

GWE REALISATIONS 2023 LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2022-06-01 2022-06-30 101 78% 66% 65203
2021-12-01 2022-05-31 82 77% 61% 58786
2021-06-01 2021-11-30 64 62% 39% 52210
2020-12-01 2021-05-31 64 60% 25% 45457
2019-12-01 2020-05-31 54 45% 19% 31791
2019-06-01 2019-11-30 60 47% 7% 24596
2018-12-01 2019-05-31 59 49% 5% 16489
2018-06-01 2018-11-30 56 40% 14% 9250
2017-12-01 2018-05-31 55 55% 37% 2141
2017-06-04 2017-11-30 70 83% 96% 268


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 24530 Casting of light metals)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
TRITECH PRECISION PRODUCTS LIMITED BRIDGE ROAD NORTH, WREXHAM INDUSTRIAL ESTATE, WREXHAM, CLWYD, LL13 9PS 01677427 2018-03-31 27,562,796 0
SARGINSONS INDUSTRIES LIMITED SARGINSONS INDUSTRIES LIMITED, TORRINGTON AVENUE, COVENTRY, WEST MIDLANDS, CV4 9AG 00541560 2017-11-30 6,627,364 0
TRITECH PRECISION PRODUCTS (BARNSTAPLE) LIMITED BRIDGE ROAD NORTH, WREXHAM INDUSTRIAL ESTATE, WREXHAM, CLWYD, LL13 9PS 01089958 2018-03-31 5,394,991 0
DRAYCAST FOUNDRIES LIMITED BELLINGDON RD, CHESHAM, BUCKS, HP5 2NR 00817931 2017-07-31 2,915,206 0 24540-Casting of other non-ferrous metals
GRAINGER & WORRALL ENGINEERING LIMITED C/O TENEO FINANCIAL ADVISORY LIMITED THE COLMORE BUILDING, 20 COLMORE CIRCUS QUEENSWAY, BIRMINGHAM, B4 6AT 06314112 2017-05-31 1,012,701 -51,817 71121-Engineering design activities for industrial process and production
71122-Engineering related scientific and technical consulting activities
72190-Other research and experimental development on natural sciences and engineering
SHALFLEET QUAY LTD. 39 SOMERSET AVENUE, NORTH YATE, BRISTOL, SOUTH GLOUCESTER, BS37 7SG 03799480 2018-06-30 0 0 82990-Other business support service activities not elsewhere classified
ARROW CASTINGS LIMITED 1 HIGH STREET, THATCHAM, BERKS, ENGLAND, RG19 3JG 03024163 0000-00-00 0 0 24540-Casting of other non-ferrous metals
47910-Retail sale via mail order houses or via Internet

LIQUIDATION RISK (BETA)



This company is In Administration. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 99.8% 99.8% 99.4% High
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 1.5% 2.8% Medium
Accounting Month 0.6% 6.1% 8.0% Medium
Sic code count 1.0% 5.6% 10.9% Medium
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