Grc Global Ltd

Grc Global Ltd from Altrincham UK: small company, active status, founded 12 years ago, 1 employee, £140,042 assets, virtual address, 1 director, 1 owner, google rating 5.0 based on 4 reviews. Regular importer of clothing and accessories made by knitting or crocheting (10 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £140,042.

The company operates in the wholesale of clothing and footwear, the agents involved in the sale of textiles, clothing, fur, footwear and leather goods industries. Its website highlights a focus on satellite, RF, cloud, and IP networking solutions, catering to defence, government, emergency response, and commercial sectors. GRC Ltd is a Tier 1 VAR (Value Added Reseller) with several leading satellite hardware and airtime providers, ensuring cost-effective solutions for clients. A key offering is 6SAT, a fully managed satellite hardware and airtime solution, and Scytale, a rapidly deployable communications solution offering WiFi, data ports, and VoIP telephones. The company also provides services like cloud-based data security and network monitoring. They have developed a full suite of Scytale products, offering simple devices that can be connected to any bearer of opportunity i.e. satellite, local WiFi, mobile networks, etc and offering VoIP telephones, WiFi and network connectivity within minutes of powering on, making them ideal for deployments in the most demanding situations in the world.

Financially, Grc Global Ltd shows some concerning trends. Current assets have fallen by a significant 28%, while net assets have plummeted 35% to £85,000. Cash reserves have also taken a hit, dropping 41% to £68,000. Bank borrowings have decreased slightly, but the decline in equity is a key factor. The company’s small size helps it stay agile, but the sharp equity drop raises questions. The decrease in creditors suggests better debt management, however. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s dividends paid on shares remained constant at £75,000.

In short, Grc Global Ltd is facing some financial headwinds, despite its strong Google rating and specialized services. The company’s ability to maintain its client base and adapt to changing market conditions will be crucial for its future success.

Registered in England/Wales under the registration number 08148145, with a registered address at WA15 9SQ, Altrincham, Cheshire, 193a Ashley Road, Hale.

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