Greasham (engineering) Sales Limited

Greasham Engineering Sales Ltd, based in Sheffield, UK, is a small, active company with a long history, having been founded 68 years ago. Employing just two people, the company holds £440,737 in assets and operates from a real address. With two directors at the helm and no reported owners, it’s a relatively straightforward business structure. The company regularly imports textile padding, felt, nonwoven fabrics, special yarns, and ropes and cables, with its last import activity recorded five months ago in November 2024.

The company's website, currently under development, promises a new online presence for Greasham Engineering Ltd. A simple message indicates a "coming soon" launch, with contact details provided and web design by Killer Byte Ltd, based in Dronfield, Sheffield. This suggests a focus on digital outreach, though the lack of an active website currently limits online visibility.

Financially, Greasham Engineering Sales Ltd presents a mixed picture. Current assets have increased by a substantial 32%, reaching £440,000, while net assets have also grown significantly, rising 37% to £390,000. However, bank borrowings have surged, increasing by 1400% to £14,000, and cash reserves have fallen sharply, decreasing by 97% to just £200. Creditors have also increased by 4.8% to £81,000. The company’s small size (meeting two of three conditions for being considered small) helps it remain agile, but the sudden increase in bank borrowings and decrease in cash reserves could indicate increased operational expenses or investment in the new website. The lack of an auditor mentioned (likely exempt as a small company) means the financial data relies on unaudited director reports.

Overall, Greasham Engineering Sales Ltd appears to be a stable, long-standing business navigating a period of change, likely driven by the development of its new website.

Registered in England/Wales under the registration number 00571105, with a registered address at S25 4JJ, United Kingdom, Sheffield, Consort Works North Anston Trading Estate, Dinnington.

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