Grey Tree Developments Ltd

Grey Tree Developments Ltd, based in Chichester, UK, is a small, active holding company established nine years ago. The company, employing just two people, holds assets of £366,383 and operates from a real address shared by seven other companies. Led by one director and owner, it’s a relatively lean operation, and has been importing ceramic products for a short period – just two months, with the last import occurring in February 2024.

The company’s website paints a picture of a specialist property development firm, part of the larger Grey Tree Group. They offer a range of services, from land sourcing and buying to professional surveys, planning advice, and even architectural design. Notably, they also run Grey Tree Construction, offering building services for personal projects, and even boast a showroom in Harrods for their piano restoration business. It seems they are trying to be a one-stop-shop for property needs, from initial land acquisition to final construction.

Financially, Grey Tree Developments Ltd is showing some concerning trends. Accumulated depreciation on plant and machinery has increased by 17%, while depreciation on vehicles has risen by 18%. Bank borrowings have surged by a staggering 260%, reaching £88,000, and cash reserves have fallen by 20% to £24,000. Creditors have also ballooned, increasing by 620% to £170,000. While net assets have only increased slightly by 4.3%, the rise in debt is a clear sign of increased financial pressure. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the increase in debt needs to be managed. The accounts are unaudited, which is common for small companies, and no auditor is mentioned.

Overall, Grey Tree Developments Ltd appears to be navigating a period of growth, but the increased debt levels suggest it’s burning through cash faster than it’s generating it. Whether this is a temporary blip or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 09610901, with a registered address at PO20 8PS, England, Chichester, West Sussex, Demar House 14 Church Road, East Wittering.

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