Green & Preece (grinding) Limited

Green & Preece Grinding Ltd, based in Kingswinford, UK, is a small, active company with a rich history, having been founded 48 years ago in 1977. Employing 24 people and holding assets of £1,557,006, it’s a well-established player in its field. The company operates from a virtual address, a detail worth noting as 127 companies are registered at the same location. It’s run by three directors and owned by two individuals, though the full ownership picture is likely more complex.

The company specializes in centreless grinding, a niche service with over 40 years of experience. Its website highlights its position as a market leader, offering services like bar grinding, through feed grinding, and plunge grinding, as well as polishing and straightening. It also offers a supply and grind service, catering to a range of customer needs. The company’s website gives a brief overview of the services they offer.

Financially, Green & Preece Grinding Ltd shows a mixed picture. Cash reserves have increased significantly, jumping 33% to £1.2 million, a positive sign. Current assets also grew by 13% to £1.6 million. However, trade debtors decreased by 22%, suggesting potential issues with collecting payments from customers. The company’s net assets have increased by 12% to £1.5 million. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decrease in debtors warrants attention. The company’s auditor is Wilkes Tranter & Co Limited. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 01312072, with a registered address at DY6 9HS, Kingswinford, West Midlands, Brook House, Moss Grove.

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