Girston Limited

Girston Limited, based in Louth, UK, is a small, active company founded 32 years ago in 1993. With just two employees and £1,127,285 in assets, it operates from a virtual address – a fact highlighted by the presence of 33 companies registered at the same location. The company is managed by three directors and owned by two individuals, though the list of owners changed nine years ago. Girston Limited is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with its last import activity recorded two months ago in June 2022. The company operates within the "other specialised construction activities n.e.c." industries.

While a website isn’s available, it’s clear that Girston Limited focuses on engineering services. It’s likely that the company works on a project-by-project basis, importing specialized parts as needed.

Financially, Girston Limited presents a mixed picture. Cash bank on hand increased by 40% to £630,000, and trade debtors increased by 70% to £490,000 – a good sign of increased sales. However, net assets grew by 50% to £990,000, and creditors also increased, suggesting the company is taking on more debt. Bank borrowings increased by 4.6% to £14,000, and cash reserves fell 30% to £28,000. It's worth noting that the company is small, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The company’s accounts are unaudited, as is typical for small entities. The accounts are prepared in accordance with Financial Reporting Standard 102.

Registered in England/Wales under the registration number 02790811, with a registered address at LN11 9QQ, United Kingdom, Louth, Waynflete House, 139 Eastgate.

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