Grand Technix Limited

Grand Technix Ltd, based in Birmingham, UK, is a small holding company with an active status, established nine years ago. The company employs three individuals and holds assets totaling £1,701,409. It operates an e-commerce site and regularly imports electrical machinery and equipment, with the latest import occurring in September 2024. A real address is registered, shared with seven other companies, and the business is overseen by one director and one owner.

The company specializes in the retail sale of audio and video equipment, offering a wide range of LED screens and digital signage solutions. Its website showcases products like indoor advertising displays, outdoor signage, and mobile screens, catering to events, stadiums, exhibitions, and live broadcasts. Grand Technix also provides services like screen rental, installation, and even custom builds, partnering with brands like NovaStar. Recent projects highlighted on the site include installations at the Trade Centre Group, Slim Chickens, and Birmingham City Football Club, demonstrating a focus on high-profile venues and events.

Financially, Grand Technix Ltd presents a mixed picture. While current assets increased by a significant 300% to £1,700,000, equity took a dramatic hit, decreasing by 630% to £310,000. Cash reserves dropped 37% to £63,000, and bank borrowings increased, suggesting a need for external funding. Trade debtors fell sharply, indicating better collection practices, but creditors rose considerably, potentially reflecting increased supplier payments. The number of employees has increased from three to eight, a substantial jump that may be linked to the company’s growth. The lack of an auditor mentioned—likely due to its small size—means the financial statements are unaudited. It's a small company meeting two of three criteria for size: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees.

Registered in England/Wales under the registration number 09627853, with a registered address at B3 2DX, England, Birmingham, C/O Hcr Legal, 2 Cornwall Street.

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