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Gransim Properties (no.2) Limited·02428606

Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.

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Gransim Properties (no.2) Limited

GRANSIM PROPERTIES (NO.2) LIMITED·Company no. 02428606·United Kingdom

Active on the registerInc. 1989 · 36 yrs oldPrivate Limited CompanySIC 41100·Development of building projects

The Firmwatch take

Gransim Properties (no.2) Limited (02428606) currently shows: Watch signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.

Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats

Firmwatch signals are generated from public filings and are not credit ratings or financial advice.

Incorporated

3 October 1989

36 years on the register

Sector

Development of building projects

SIC 41100

Size

Not classified

 

Net assets

£6.0m

Top 10% in sector

Cash at bank

Not disclosed

Not required for this filing type

Latest filing

None yet

 

Insolvency risk

Elevated insolvency risk

The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.

  • Negative working capital

    Short-term liabilities are higher than short-term assets in the public balance sheet.

  • Weak current ratio

    Current assets are less than 75% of current liabilities.

Sector benchmark · Construction Main Contractors

How this company compares in 107,423 filers in this sector

Top 10% in sector Gransim Properties (no.2) Limited shows £6.0m in net assets. Sector median is £2k.

£0Median £2k£6.6m

Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.

Money

What the balance sheet says

See the full balance sheet
WatchPeriod to 31 Mar 2025

Net assets

£6.0m

Top 10% in sector · sector median £2k · 107,423 filers in this sector

Cash

Not disclosed

Working cap.

−£3.8m

Median £4k

Current ratio

0.4×

Median 1.2×

Signals · 3

  • Positive net assets

    The latest filed accounts show assets exceeding liabilities.

  • Negative working capital

    Current liabilities exceed current assets in the extracted accounts.

  • Current ratio below 1.0

    Current assets are lower than current liabilities in the extracted accounts.

People

Who runs this company

See all 2
  • RA

    RABBOW, Amanda Jayne

    director · since 2012

  • SA

    SIMONS, Anthony Benjamin

    director · since 2012

Registered office

Address intelligence

E2 7QL
Shared address

33 other companies registered here.

Common for accountants' offices and small business centres.

Address pattern · E2 7QL

33 other UK companies registered at this postcode.

Active

30

Dissolved

1

Strike-off action

1

Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.

Data

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© Firmwatch · Data sourced from Companies House under the Open Government Licence v3.0Last refresh · 24 May 2026