Grant Services Limited

Grant Services Ltd, based in Watford, UK, is a small, active company established 29 years ago. With 27 employees and £1,704,092 in assets, it operates from a real address and is overseen by four directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances (parts for three months), and exports electrical machinery and equipment (seven months).

The business focuses on helping customers access government grant funding for home energy efficiency improvements, including boiler replacement, insulation, and heating systems. Its website highlights services like boiler installation, home insulation, and energy surveying, targeting tenants, landlords, and homeowners. Testimonials praise the company's assistance in securing grants, with one customer expressing gratitude for a new boiler and another for cavity wall insulation. The site even features a section on accreditation, emphasizing its commitment to quality and compliance.

Financially, Grant Services Ltd shows a mixed picture. While current assets increased by 9%, bank borrowings jumped by a significant 92%, reaching £860,000. Net losses deepened from -£37,000 to -£52,000, and cash reserves fell 83% to a mere £230. Trade debtors increased by 15%, suggesting potential challenges in collecting payments. Creditors, however, decreased by 2.7%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased debt and reduced cash flow warrant attention. As a small company, it is exempt from an audit, so the figures are unaudited. It’s likely that the company is facing challenges in managing its cash flow, possibly due to increased costs or delays in receiving grant funding payments.

Registered in England/Wales under the registration number 03110723, with a registered address at WD24 7QJ, England, Watford, Unit 4 Brookside, Colne Way Industrial Estate.

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