The Firmwatch take
Grand Canvas Ltd (15033744) currently shows: Watch signal detected, based on accounts to 31 July 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 Jul 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
27 July 2023
2 years on the register
Sector
Floor and wall covering
SIC 43330
Size
Not classified
Net assets
£44m
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.
Address pattern · W1W 7LT
12,782 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
11k
Dissolved
404
Strike-off action
954
Sector benchmark · Specialist Trades
How this company compares in 161,887 filers in this sector
Top 10% in sector — Grand Canvas Ltd shows £44m in net assets. Sector median is £7k.
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
Net assets
£44m
Top 10% in sector · sector median £7k · 161,887 filers in this sector
Cash
Not disclosed
Working cap.
−£73k
Median £7k
Current ratio
0.1×
Median 1.3×
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.
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.