Company Overview
Grid Smarter Cities Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 16 October 2009, so this is a well established company. Grid Smarter Cities Ltd has been in business for 16 years and 5 months. The accounts status is total exemption full and the accounts are next due on Tuesday 30 June 2026.
Registered Address

Metropolitan House Longrigg, Swalwell, Newcastle Upon Tyne, NE16 3AS
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Companies House Data
Company NameGRID SMARTER CITIES LTD
Company Number07047102
Registered Office AddressMetropolitan House Longrigg
 Swalwell
 NE16 3AS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/10/2009
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2026
Accounts Last Made Up Date30/09/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date13/11/2016
Returns Last Made Up Date16/10/2015
Previous Company NameChanged Date
ACTIV8VPS LTD20 Nov 2014
Directors & Members
Show Resigned
David Comyn - Director
(Irish, 72 years old, born May 1954)
Appointed 09 May 2017
Active
Lucinda Harris - Director
(British, 68 years old, born April 1958)
Appointed 15 December 2025
Active
Secretaries
Show Resigned
Lucinda Comyn - Secretary
Appointed 24 March 2023
Active
Balance Sheet Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2021 30-Sep-2020
Balance Sheet
Fixed Assets 1,258,372 1,258,372 1,240,026
Current Assets 2,196,273 2,196,273 3,552,496
Creditors Due Within One Year 287,288 287,288 285,971
Working Cap 1,908,985 1,908,985 3,266,525
Total Assets Less Current Liabilities 3,167,357 3,167,357 4,506,551
Long-term Liabilities 3,235,111 3,235,111 3,000,286
Net Assets -67,754 -67,754 1,506,265
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -67,754 -67,754 1,506,265
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2021 30-Sep-2020
Tangible Fixed Assets - - -
Fixed Assets 36.4% 36.4% 25.9%
Stocks Inventory - - -
Debtors 39.5% 39.5% 20.5%
Cash Bank In Hand 24.0% 24.0% 53.7%
Current Assets 63.6% 63.6% 74.1%
Creditors Due Within One Year 8.3% 8.3% 6.0%
Net Current Assets Liabilities 55.3% 55.3% 68.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -2.0% -2.0% 31.4%
Capital Employed - - -
Total Assets Less Current Liabilities 91.7% 91.7% 94.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2021 30-Sep-2020
Liquidity Ratio 7.6 7.6 12.4
Solvency Ratio 1.0 1.0 1.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2021 30-Sep-2020
Assets 3,454,645 3,454,645 4,792,522
Debt 3,522,399 3,522,399 3,286,257
Net Assets/Debt -67,754 -67,754 1,506,265

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 has some deficiency. The balance sheet net assets figure is negative.

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 has some deficiency. The balance sheet net assets figure is negative.   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 has some deficiency. The balance sheet net assets figure is negative.

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
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Document Filings
Statement of capital following an allotment of shares on 25 November 2025
Appointment of Mrs Lucinda Janet Mcleod Harris as a director on 15 December 2025
Registration of charge 070471020001, created on 16 December 2025
Termination of appointment of Neil Andrew Herron as a director on 5 November 2025
Statement of capital following an allotment of shares on 30 April 2025
Confirmation statement made on 20 March 2025 with updates
Cessation of Neil Andrew Herron as a person with significant control on 4 June 2024
Statement of capital following an allotment of shares on 17 March 2025
Termination of appointment of Julian Michael Wrigley as a director on 30 June 2024
Statement of capital following an allotment of shares on 30 May 2024
Confirmation statement made on 20 March 2024 with updates
Director's details changed for Mr Neil Andrew Herron on 9 November 2023
Change of details for Mr Neil Andrew Herron as a person with significant control on 9 November 2023
Appointment of Mrs Lucinda Comyn as a secretary on 24 March 2023
Registered office address changed from Siemens House Carliol Square Newcastle upon Tyne NE1 6UF England to Metropolitan House Longrigg Swalwell Newcastle upon Tyne NE16 3AS on 3 August 2023
Confirmation statement made on 20 March 2023 with updates
Statement of capital following an allotment of shares on 1 December 2022
Memorandum and Articles of Association
Resolutions
Resolutions
Resolutions
Resolutions

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