{"name":"GROUNDWISE CONSTRUCTION LTD","company_number":"05526614","status":"Active","type":"Private Limited Company","incorporated":"2005-08-03","dissolved":null,"registered_office":"C/O Evans Weir The Victoria, 25 St Pancras, Chichester, West Sussex, England, PO19 7LT","postcode":"PO19 7LT","sic_codes":[{"code":41201,"description":"Construction of commercial buildings"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 August","last_made_up_to":"2025-08-31","next_due":"2027-05-31"},"employees":{"count":2,"accounts_date":"2025-08-31"},"financials":[{"financial_date":"2025-08-31","cash":5,"average_employees":2},{"financial_date":"2024-08-31","cash":4,"average_employees":2},{"financial_date":"2023-08-31","cash":4},{"financial_date":"2022-08-31","cash":4082},{"financial_date":"2021-08-31","cash":4}],"officers":{"current":2,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Groundwise Construction Ltd presents significant investment risk due to critically low cash reserves (£5), a material balance sheet error in its filed accounts, and extreme volatility in shareholders' funds over the past decade. While the company benefits from a nearly 20-year operating history and maintains positive net current assets, its near-total reliance on trade debtors to meet obligations creates acute liquidity vulnerability. The unexplained swings in financial position—particularly the £57,225 increase in 2024 followed by a £22,398 decline in 2025—combined with the failure to produce a balanced balance sheet, raise serious concerns about financial oversight and reporting quality that require thorough investigation before any institutional commitment.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/groundwise-construction","people":"https://www.companiesintheuk.co.uk/company/groundwise-construction/people","filing_history":"https://www.companiesintheuk.co.uk/company/groundwise-construction/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05526614","financials":"https://www.companiesintheuk.co.uk/company/groundwise-construction/financial","control":"https://www.companiesintheuk.co.uk/company/groundwise-construction/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/groundwise-construction/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/groundwise-construction"}