G Rad Services Limited

G Rad Services Limited, based in Porthcawl, UK, is a small, active company founded 20 years ago in 2004. Employing just two people, it operates from a virtual address shared by seventy-five other companies, a bit unusual. The business has three directors and one owner, Joanne Esquirol. It regularly imports optical and medical tools and devices, with eight months of import activity recorded, the latest in August 2024. It’s an irregular exporter, with only one month of export activity recorded as of August 2021, exporting “None.”

The company’s website, Graduate Services LTD, focuses on providing rings and supplies for graduates, championship rings, and faculty orders. It operates from Fresno, California, and offers services like custom ring design, faculty orders, and payment processing. The site lists phone and hours of operation, and copyright information for 2022. It’s a fairly standard e-commerce setup, with a focus on personalized products and customer service.

Financially, G Rad Services Limited presents a mixed picture. Bank borrowings increased by a significant 1800%, reaching £700,000, while fixed assets remained stable at £990,000. Net current assets liabilities are at £2,200,000, unchanged from the previous year. Equity also stayed consistent at £3,200,000. While the company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—the substantial increase in bank borrowings is noteworthy. The accounts are unaudited and exempt, and no auditor is mentioned. The company’s statement that accounts have been prepared in accordance with the provisions of the Companies Act is reassuring, but the increased borrowing suggests a need for careful financial management. The company’s description of principal activities is “No description of principal activity,” which is a bit odd.

Registered in England/Wales under the registration number 05129538, with a registered address at CF36 3RF, Porthcawl, Mid Glamorgan, 2 The Precinct, Rest Bay.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.