COUNTY GROUNDBAITS LIMITED
Company number 05686642 · Monitor this company
Executive summary
County Groundbaits Limited is a financially robust but operationally static niche wholesaler in the UK angling supplies sector. Its balance sheet strength — with £696,718 in cash against minimal liabilities — far exceeds sector norms and provides exceptional resilience, yet the near-flat net asset growth in 2025 and declining fixed asset base signal a business in value-extraction mode rather than reinvestment. The company's competitive position as a specialist groundbait wholesaler is defensible given established trade relationships and brand recognition, but its long-term sustainability depends on whether the owners choose to deploy their substantial financial resources toward innovation and growth or continue prioritising dividend extraction.
Shareholders' funds
£690,983
Balance sheet as at 2026-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-01-25
- Employees
- 5 (2026 accounts)
- Registered office
- 40 Highlands Road, Bowers Gifford, Basildon, Essex, SS13 2HX
- Postcode
- SS13 2HX
- Capital
- 200 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-01-31
- Next due by
- 2027-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-01-25
- Next due by
- 2027-02-08
Nature of business (SIC)
- 46760 Wholesale of other intermediate products
Officers 2 current · 4 resigned
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 46 ELSENHAM CRESCENT, BASILDON, ESSEX, SS14 1UE | 2014-10-03 |
| 2, DRAKE ROAD, WESTCLIFF ON SEA, ESSEX, SS0 8LP | 2006-02-07 |
Competitors Basildon
This company ranks 10 among wholesale of other intermediate products in Basildon.
The class of 2006
33%
of the 182,202 companies incorporated in 2006 are still active today; 65% have since been dissolved.
A fact about the year, not a forecast for this company.