UK Companies House feature
GRADWELL COMMUNICATIONS LIMITED
Cash
£1M
+266.7% vs 2022
Net assets
£2M
+48.1% vs 2022
Employees
68
-5.6% vs 2022
Profit before tax
£532K
+1,618.5% vs 2022
Profile
- Company number
- 03673235
- Status
- Active
- Incorporation
- 1998-11-24
- Last accounts made up
- 2024-10-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2023-10-31
| Metric | Trend | 2020-10-31 | 2021-10-31 | 2021-11-01 | 2022-10-31 | 2023-10-31 |
|---|---|---|---|---|---|---|
| Turnover | £7,462,146 | £6,970,611 | — | £7,207,034 | £10,724,308 | |
| Operating profit | £16,342 | £32,786 | — | -£35,064 | £535,664 | |
| Profit before tax | £5,380 | £40,586 | — | -£35,064 | £532,448 | |
| Net profit | £125,653 | £146,055 | — | £85,149 | £569,688 | |
| Cash | £981,903 | £453,666 | — | £389,737 | £1,429,047 | |
| Total assets less current liabilities | £1,819,487 | £1,430,396 | — | £1,185,382 | £1,755,070 | |
| Net assets | £954,178 | £1,100,233 | — | £1,185,382 | £1,755,070 | |
| Equity | £954,178 | £1,100,233 | £1,100,233 | £1,185,382 | £1,755,070 | |
| Average employees | 70 | 72 | — | 72 | 68 | |
| Wages | £2,371,300 | £2,257,317 | — | £2,259,116 | £2,970,890 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and is further enhanced by the support of the change in ownership to Onecom Limited on 15th July 2025. As such the directors continue to adopt the going concern basis of accounting in preparing the financial statements. Whilst the risks cannot be completely mitigated and therefore some level of future uncertainty remains, the directors have reviewed detailed forecasts and consider the Company and wider group is able to continue meeting its liabilities as they fall due in the foreseeable future which is considered to be a period of 12 months from the date of approving the financial statements.”
Significant events
- “Post year end, the trade and assets of Grapevine Connect Ltd, another company within the Group, were hived into the Company.”
- “Subsequently, on 15 July 2025, 100% of the Company's issued share capital was acquired by Onecom Limited for an initial consideration of £17,872,527, and a further contingent consideration of £748,985”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CRAGGS, Christian James Foxton | Director | 2025-07-15 | Nov 1975 | British |
| GREENSMITH, Paul John | Director | 2025-07-15 | Dec 1967 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRADWELL, David John Louis | Secretary | 2017-06-30 | 2020-04-21 |
| GRADWELL, David John Louis | Secretary | 1998-12-02 | 2010-06-21 |
| HENSFORD, Gary Denis | Secretary | 1998-11-24 | 1998-11-30 |
| MAHONEY, Paul | Secretary | 2020-04-21 | 2025-07-15 |
| ARNOLD, John | Director | 1998-11-24 | 1998-11-30 |
| CAW, Nicholas James Baxter | Director | 2017-06-30 | 2019-02-18 |
| CEASER, Paul | Director | 2020-04-21 | 2020-09-25 |
| CURRY, Simon John | Director | 2019-03-05 | 2022-10-18 |
| GRADWELL, David John Louis | Director | 1998-12-02 | 2012-03-08 |
| GRADWELL, Peter John | Director | 1998-12-02 | 2020-03-26 |
| MAHONEY, Paul | Director | 2020-04-21 | 2025-07-15 |
| MEWETT, Simon Charles | Director | 2017-02-01 | 2017-06-30 |
| MILLETT, Barrie Ernest | Director | 2009-07-20 | 2018-03-31 |
| PETERS, Andrew Robert | Director | 2017-06-30 | 2018-07-11 |
| SMITH, Christopher David William | Director | 2012-08-01 | 2013-09-12 |
| ST.JOHN-DENNIS, Julien Alexander | Director | 2015-11-01 | 2017-06-30 |
| THOMPSON, Nicholas Philip | Director | 2014-04-08 | 2017-02-15 |
| WARD, Jamie | Director | 2019-02-27 | 2025-07-15 |
| WILLIAMS, Huw Llewelyn Francis | Director | 2013-09-19 | 2018-06-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Onecom Limited | Corporate entity | Shares 75–100% | 2025-07-15 | Active |
| Gradwell (Holdings) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2025-07-15 |
Filing timeline
Last 20 of 154 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-01 | AA01 | accounts | change account reference date company current extended |
| 2025-11-19 | AA | accounts | accounts with accounts type full |
| 2025-07-25 | RESOLUTIONS | resolution | resolution |
| 2025-07-25 | MA | incorporation | memorandum articles |
| 2025-07-25 | RESOLUTIONS | resolution | resolution |
| 2025-07-25 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-07-25 | SH08 | capital | capital name of class of shares |
| 2025-07-23 | CC04 | change-of-constitution | statement of companys objects |
| 2025-07-23 | AP01 | officers | appoint person director company with name date |
| 2025-07-22 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-07-22 | TM02 | officers | termination secretary company with name termination date |
| 2025-07-22 | TM01 | officers | termination director company with name termination date |
| 2025-07-22 | TM01 | officers | termination director company with name termination date |
| 2025-07-22 | AP01 | officers | appoint person director company with name date |
| 2025-07-22 | AD01 | address | change registered office address company with date old address new address |
| 2025-07-22 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-07-22 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-07-22 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-07-22 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ (private-firm) · reference 2023-10-31
1.04
DISTRESS
Altman Z″
- Working capital / Total assets 0.007 × 6.56 = +0.05
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.086 × 6.72 = +0.58
- Book equity / Total liabilities 0.392 × 1.05 = +0.41
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory