GRACE WELLS DEVELOPMENT LTD Financials
- Company number
- 10707597CopyCopy
- Registered office
- Bungalow Farm House, Six Mile Bottom, Newmarket, Suffolk CB8 0TU
- Incorporated
- 04/04/2017
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £70.42K
Total Assets
2024: £69.56K
Total Liabilities
2024: £-863.00
Employees
2024: 3
In 2025, GRACE WELLS DEVELOPMENT LTD reported net assets of £69.10K. The same filing shows total assets of £69.10K and total liabilities of £0.00. Reported headcount was 3 in 2025. Net Assets fell from £70.42K in 2024 to £69.10K in 2025 (-1.88%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures GRACE WELLS DEVELOPMENT LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-11.2% a year compound (CAGR)
Total Assets
-10.5% a year compound (CAGR)
Total Liabilities
Employees
Biggest decrease
Net Assets-21.2%
£87.69K in 2023 to £69.10K in 2025
GRACE WELLS DEVELOPMENT LTD's filings pull in both directions between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GRACE WELLS DEVELOPMENT LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 100.00%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GRACE WELLS DEVELOPMENT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -11.37K | 3.90K | 87.69K | 70.42K | 69.10K |
| Total Assets£ | 398.79K | 399.20K | 86.24K | 69.56K | 69.10K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 410.16K | 395.30K | -1.45K | -863.00 | 0.00 |
| Employees | 3 | 3 | 3 | 3 | 3 |
GRACE WELLS DEVELOPMENT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GRACE WELLS DEVELOPMENT LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
GRACE WELLS DEVELOPMENT LTD reported net assets of £69.10K for 2025. That compares with £70.42K in 2024, a change of -1.88%.
GRACE WELLS DEVELOPMENT LTD reported total assets of £69.10K for 2025. That compares with £69.56K in 2024, a change of -0.66%.
GRACE WELLS DEVELOPMENT LTD reported total liabilities of £0.00 for 2025. That compares with £-863.00 in 2024, a change of 100.00%.
GRACE WELLS DEVELOPMENT LTD reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, GRACE WELLS DEVELOPMENT LTD's net assets fell by 21.2%, total assets fell by 19.9% and employee numbers was unchanged. Net assets contracted at 11.2% a year across the two years to 2025, from £87.69K to £69.10K. Reported headcount went from 3 in 2023 to 3 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.