Grad Concept Ltd

Grad Concept Ltd is a small, active holding company based in Birmingham, UK, established three years ago in 2022. With two directors and one owner, the company manages £52,725 in assets and operates from a virtual address shared by twenty-three other businesses. It employs just two people and regularly imports aluminum and aluminum products, with the latest import activity occurring in December 2024. The company’s core business falls under “other business support service activities n.e.c.”

The company’s website, Grad System UK, focuses on innovative decking, cladding, and paving systems for timber professionals. It promotes its "hidden fix" system, highlighting features like luxury finishes, easy precision, faster installation, and a longer lifespan. The site offers a range of resources, including technical guides, installation videos, and CPD programs for various design professionals. It’s clear that Grad System UK is focused on B2B sales, targeting installers, contractors, and designers rather than direct consumer sales. The website's extensive product information and support materials suggest a focus on technical expertise and professional partnerships.

Financially, Grad Concept Ltd has experienced significant shifts. Cash bank on hand has surged by an impressive 1,600%, reaching £12,000, while current assets have jumped 770%, now at £53,000. However, net assets and liabilities have both plummeted by 3,500%, now sitting at -£240,000—a substantial decrease. Creditors have also risen dramatically, increasing by 3,900% to £290,000, suggesting the company is relying more heavily on borrowed funds. The number of employees has increased from two to five, a positive sign of growth, but the large increase in liabilities raises concerns. Despite these challenges, the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble. The unaudited accounts, prepared by Makesworth Audit Services Ltd, don’t offer a full picture, but they do reveal a company in a period of rapid change. It's possible the company is investing heavily in growth, which explains the increased liabilities, but it’s also possible that it’s struggling to manage its cash flow effectively.

Registered in England/Wales under the registration number 14049180, with a registered address at B14 7SR, England, Birmingham, West Midlands, 25 Station Road, Kings Heath.

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