# GRID TEAM SERVICES LIMITED (05065996)

> GRID TEAM SERVICES LIMITED is an active private limited company (company number 05065996) incorporated on 8 March 2004, registered in Essex. Its registered activity is repair of electrical equipment (SIC 33140). Latest small accounts cover the period ending 31 December 2024, showing net assets of £4.17m and cash of £2.46m, with 44 employees on average. Net assets rose 27% on the prior period (£3.28m).

- Status: Active
- Incorporated: 2004-03-08
- Registered office: Essex, RM17 5NL
- SIC 33140: Repair of electrical equipment
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-03-22
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 337 comparable companies in Greater London (median £4,444, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £4.17m | £2.46m | £1.30m | £134k | — | — | 44 |
| 2023-12-31 | £3.28m | £2.27m | £1.57m | £686k | — | — | 33 |

current ratio 28.07; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £4,166,935 at 31 December 2024
- Net assets up 10% or more on the prior period: +27.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 28.07
- Cash at bank of £50,000 or more: Cash £2,455,210
- Incorporated five or more years ago: Incorporated 8 March 2004
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Sean Convery — has significant influence or control, since 2017-03-08
- Mrs Mary Convery — has significant influence or control, since 2017-03-08

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05065996
HTML: https://firmoscan.com/company/05065996-grid-team-services-limited
