Grafters Recruit Payroll Ltd

Grafters Recruit Payroll Ltd from Wolverhampton UK: small company, active status, founded 7 years ago, £98,396 assets, virtual address, 1 director, 1 owner. Regular importer of miscellaneous metal items (3 months imported). The company operates in the other business support service activities n.e.c. industries, providing staffing solutions to the UK. It’s a small business, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The address is probably virtual, as forty five companies registered at the same address.

The company's website highlights its focus on recruitment, with divisions catering to driving, industrial, commercial, and onsite services. It’s clearly aiming to be a one-stop shop for staffing needs, boasting over 500 drivers per day and partnerships with major clients like Sainsbury's and UPS. The site also emphasizes its Driver Agency Excellence certification—a significant achievement demonstrating high standards of compliance. It’s a pretty good looking website, too.

Financially, Grafters Recruit Payroll Ltd presents a mixed picture. Current assets have increased by a healthy 65% to £98,000, and net assets have also seen a significant jump of 120% to £88,000. However, cash bank on hand has decreased by 23% to £46,000, and trade debtors have surged, suggesting a reliance on outstanding payments. Borrowings have also increased, though not dramatically. The number of employees has risen to ten, a positive sign of growth. With no auditor mentioned, the figures are unaudited.

Overall, Grafters Recruit Payroll Ltd appears to be growing, but it's important to monitor its cash flow and debt management. The company’s success hinges on maintaining its recruitment expertise and client relationships—something it seems to be doing well so far.

Registered in England/Wales under the registration number 11060579, with a registered address at WV10 9TG, England, Wolverhampton, Creative Industries Centre, Wolverhampton Science Park.

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