Grandisson Limited

Grandisson Ltd from Ottery St Mary UK: a small, active company founded thirteen years ago, employs eight people, and holds £250,342 in assets. With a real address and two directors, it’s a well-established local business, boasting a perfect 5.0 Google rating from twenty-one reviews. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of June 5th, 2024.

Grandisson Ltd operates as a stove and fireplace retailer, with a significant focus on installation services. Its website showcases a wide range of wood-burning stoves, gas fires, electric fireplaces, and media walls, catering to both new installations and replacements. The company has a large showroom with over 100 live displays, and even offers bespoke media wall design services. The site emphasizes expert advice and a wide selection of manufacturers, including Charnwood, Stovax, and Gazco. It’s clear they are trying to be a one-stop-shop for home heating and fireplace needs.

Financially, Grandisson Ltd’s recent performance presents a mixed picture. Current assets have decreased by 28% to £250,000, while net assets have fallen by 18% to £170,000. Bank borrowings have also decreased significantly, which is a positive sign. However, trade debtors have increased by a substantial 68%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity warrants further investigation. As a small company, it’s exempt from an audit, so the figures are unaudited. It's likely that the decrease in assets is a result of increased investment in stock to meet demand, but the rise in debtors is something to keep an eye on.

Registered in England/Wales under the registration number 07648374, with a registered address at EX11 1NR, Ottery St Mary, Devon, 26 - 28 Finnimore Industrial Estate.

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