Grandeco Uk Limited

Grandeco Uk Ltd from London UK: a large company with an active status, was founded 31 years ago in 1993. Employing just 10 people, the company holds £3,122,898 in assets and generates a yearly revenue of £7,863,484. While it has a registered address, it’s likely a virtual address as 332 companies are registered there. The company operates without any listed owners, managed by three directors. It runs an e-commerce site and boasts a 5.0 Google rating from one review. Grandeco Uk Ltd regularly imports paper and paperboard products (6 months) and occasionally exports machinery, boilers, and mechanical appliances (1 month).

The company's website highlights its focus on wholesale distribution of wall coverings within the United Kingdom. It’s a tight-knit operation, with a focus on family ownership and British craftsmanship. The company prides itself on providing competitive pricing, a 30-day return policy, and fast customer support—hallmarks of a modern e-commerce business.

Financially, Grandeco Uk Ltd presents a mixed picture. Current assets increased by 39% to £3,100,000, while net assets increased by 72% to £2,100,000. Bank borrowings surged by 41%, reaching £1,400,000, and cash reserves increased by 41% to £1,400,000. Creditors decreased by 45%, suggesting better debt management. The company’s size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and employees over 250) helps it stay agile. The lack of an auditor (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s financial data shows a surge in administrative expenses, up 15% to £560,000, and a significant increase in amounts owed by group undertakings, rising 130,000% to £1,000,000. However, dividends paid dropped 100% to zero. The company’s small size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and employees over 250) helps it stay agile.

Registered in England/Wales under the registration number 02840206, with a registered address at EC2V 7AB, United Kingdom, London, 4th Floor 95 Gresham Street.

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