Grindstore Limited

Grindstore Limited, based in Holt, UK, is a small holding company with an active status, established fourteen years ago in 2010. Employing thirty-two individuals, the company holds £1,168,462 in assets, operating from a virtual address shared by seventy-five other companies. Five directors and one owner guide the business, which runs an e-commerce site and enjoys a stellar 5.0 Google rating from forty-six reviews. The company regularly imports paper and paperboard products (fourteen months of activity) and exports ceramic products (also fourteen months).

The company’s website showcases a wide array of alternative clothing, gifts, and merchandise, catering to a diverse range of interests—from band merch and superhero apparel to quirky accessories and gaming-themed items. The site is well-organized, with clear categories and a user-friendly shopping experience, and offers a variety of brands and styles. It’s clear that Grindstore aims to be a one-stop shop for alternative fashion and lifestyle goods.

Financially, Grindstore Limited presents a mixed picture. Current assets have decreased by 15%, dropping to £930,000. Net assets have also fallen, declining 12% to £1,200,000. Cash reserves have taken a hit, falling 11% to £340,000. However, trade debtors have significantly decreased by 34%, suggesting improved collection practices. Bank borrowings have increased by 2400%, reaching £29,000, which could be due to expansion or inventory purchases. The company’s small size (meeting two of three criteria for being small) helps it stay nimble, but the drop in equity warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Grindstore Limited appears to be navigating a period of change. While the e-commerce platform seems to be performing well, the financial data suggests some challenges. It’s possible that increased competition or changing consumer trends are impacting the company's bottom line, but the strong Google rating and diverse product range indicate a solid foundation for future growth.

Registered in England/Wales under the registration number 07280106, with a registered address at NR25 6ED, United Kingdom, Holt, Norfolk, 80 Grove Lane.

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