GROUND-SPEED PROJECTS LIMITED

Company number 10422820 · Active

GROUND-SPEED PROJECTS LIMITED is a private limited company registered in SHEFFIELD, United Kingdom, incorporated on 12 Oct 2016. Its registered activity is take-away food shops and mobile food stands. Its latest published accounts for the period ending 31 Mar 2025 show equity of £30k, total assets of £34k. It has filed 5 sets of accounts, 1 of them after the deadline. Our model estimates a 0.25 % probability that it becomes insolvent within 12 months, 2.2 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.25 %
High risk
Lowest riskHighest risk

Higher than 94 % of active companies in the United Kingdom. 2.2× the average annual insolvency rate (0.12 %).

Raises the risk

Employees3.1×3–8 · 0.36 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent

Lowers the risk

Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
10422820 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
12 Oct 2016 (10 years)
Registered address
S21 4JH SHEFFIELD
Postcode area
Sheffield
Activity
56103 Take-away food shops and mobile food stands
Industry
Food and beverage service activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –£30k£34k £4,013£8,3005
31 Mar 202415 Mar 2025– –£30k£32k £1,906£6,2631
31 Mar 202215 Dec 2022– –£17k£25k £7,458–1
31 Mar 202115 Dec 2021– £40k£27k£37k £9,913£10k1
31 Mar 202015 Dec 2020– –£11k£18k £6,643–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about GROUND-SPEED PROJECTS LIMITED

What is the company number of GROUND-SPEED PROJECTS LIMITED?

GROUND-SPEED PROJECTS LIMITED is registered under company number 10422820 in the official register of United Kingdom. View it at the official register.

Is GROUND-SPEED PROJECTS LIMITED still active?

Yes. GROUND-SPEED PROJECTS LIMITED is registered as active (status: Active).

Has GROUND-SPEED PROJECTS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for GROUND-SPEED PROJECTS LIMITED in the official data.

How likely is GROUND-SPEED PROJECTS LIMITED to become insolvent?

Our model estimates a 0.25 % probability that GROUND-SPEED PROJECTS LIMITED becomes insolvent within the next 12 months (high risk). That is higher than 94 % of active companies in the United Kingdom.

When was GROUND-SPEED PROJECTS LIMITED founded?

GROUND-SPEED PROJECTS LIMITED was incorporated on 12 Oct 2016.

Where is GROUND-SPEED PROJECTS LIMITED registered?

GROUND-SPEED PROJECTS LIMITED's registered address is in S21 4JH SHEFFIELD (Sheffield), United Kingdom.

What do the latest accounts of GROUND-SPEED PROJECTS LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £30k, total assets of £34k, 5 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.