Grant's Electrical Services (n.i.) Limited

Grant’s Electrical Services (n.i.) Limited, based in Ballymena, Northern Ireland, is a small, active company with a long history, having been incorporated forty-seven years ago in 1977. Employing eighty-eight people and holding assets of £3,817,835, it’s a significant player in its region. The company, which has three directors and a single owner, Moore David, operates from a real address at 18a Pennybridge Industrial Estate. It has a solid 4.0-star rating on Google based on six reviews. The business regularly imports iron or steel products, with the last import operation made in February 2024.

The company's website, while not providing extensive detail, indicates a focus on electrical repair services. It appears to be a B2B operation, not an e-commerce site. The company is involved in the repair of other equipment industries.

Financially, Grant’s Electrical Services (n.i.) Limited shows a mixed picture. While bank borrowings increased by 130%, reaching £23,000, cash bank on hand decreased by 56% to £16,000. Creditors decreased by 49%, which is a positive sign. Net assets increased by 9.8% to £2,600,000, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The company’s net current assets increased by 9.9% to £1,800,000. The company's revenue decreased by 16%, which could be a sign of a slowdown in the electrical repair sector. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It’s likely that the company is doing well, but the decrease in revenue is something to keep an eye on.

Registered in Northern Ireland under the registration number NI012273, with a registered address at BT42 3HB, Northern Ireland, Ballymena, 18a Pennybridge Industrial Estate, Pennybridge Industrial Estate.

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