Grainco Limited

Grainco Limited, based in South Shields, UK, is a substantial holding company with an active status, celebrating 29 years since its establishment in 1995. Employing 59 people, the company boasts assets totaling £68,036,759. With ten directors and one owner, Grainco operates from a real address and maintains a Google rating of 4.0 based on 20 reviews. The company regularly imports machinery, boilers, and mechanical appliances parts (for six months), and exports cereals (for five months).

Grainco's operations extend beyond simple trading. Its website details a full-cycle approach to grain production, encompassing crop production, seed and fertiliser supply, agronomy, storage, drying, marketing, trading, transporting, and even biomass pellet production. It owns several subsidiary companies, including Pellet Co Limited, Forestco Limited, Maritime Shipping and Logistics Ltd, and Grainco Scotland Limited. A notable aspect is its involvement in piano restoration and sales through 1066 Pianos, showcasing a diverse range of business ventures.

Financially, Grainco Limited presents a mixed picture. While assets remain substantial at £68,036,759, there’s a noticeable decline. Current assets dropped by 6.5% to £68 million, and net assets decreased by 10% to £32 million. Bank borrowings saw a significant reduction of 51%, falling to £9.5 million, while cash reserves declined by 66% to £980,000. Trade creditors, however, increased by 51%, reaching £21 million, which could indicate increased reliance on supplier credit. The company’s size (meeting two of three criteria for a large company) suggests it’s a significant player in its sector, but the equity decline warrants closer examination. No auditor is mentioned, likely due to the company’s size.

Overall, Grainco Limited appears to be a well-established, diversified business facing some financial headwinds. Its broad range of activities and subsidiary companies demonstrate a complex operational structure, while the financial data suggests a need to manage cash flow and maintain strong supplier relationships.

Registered in England/Wales under the registration number 03066352, with a registered address at NE34 9PL, South Shields, Grainco Limited, Tyne Dock.

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