Grip-uk Ltd

Grip Uk Ltd from Liverpool UK: large company, holding company, active status, founded 14 years ago, 174 employees, £3,721,629 assets, yearly revenue: £7,852,518, real address, 3 directors, 1 owner. Irregular importer of leather goods, travel bags, and animal harnesses (1 months imported). Grip Uk Ltd is a sizable operation, classified as a holding company with an active status. Established fourteen years ago, it employs 174 people and boasts assets totaling £3.7 million, generating a yearly revenue of £7.8 million. The company has a real address, is overseen by three directors, and has one owner. It’s an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with recent import activity recorded just one month ago.

The company operates as a conveyor equipment specialist, offering a wide range of services from supplying belts to engineering bespoke fabrications. Its website highlights a focus on process conveying solutions for diverse industries. The company supplies a wide range of conveyor belts, modular belts, rubber belts, and associated products, alongside engineering services like powered rollers and access platforms. They also provide a service for existing conveyor systems, including splicing and preventative maintenance. The website suggests a B2B model, targeting industrial clients needing material handling solutions. It seems they're not an e-commerce business, but rather a supplier and service provider.

Financially, Grip Uk Ltd shows a mixed picture. While revenue increased by a solid 37%, net assets declined by 12%, and cash reserves plummeted 18% to £2.4 million. Bank borrowings surged by 44%, indicating a need for additional financing. Creditors decreased by 18%, which is a positive sign. The company’s large size (meeting two of three criteria for a large company) suggests it's a well-established player, but the decline in equity raises questions about profitability and cash flow management. The company’s auditor, Mazars LLP, performed the audit, which provides some assurance regarding the reliability of the financial information. Overall, Grip Uk Ltd appears to be facing some financial pressures, but its established market position and diverse service offerings could help it navigate these challenges.

Registered in England/Wales under the registration number 07248432, with a registered address at L1 4AR, England, Liverpool, Unit 202 39 Fleet Street.

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