Grosvenor House Papers Limited

Grosvenor House Papers Limited, based in Cumbria, UK, is a small, family-run business with an active status. Founded 31 years ago, the company employs 53 people and holds £3,031,438 in assets. It’s a real address, with four directors and two owners at the helm, and enjoys a respectable 4.0 Google rating from 14 reviews. The company regularly imports paper and paperboard products, with 17 months of import activity recorded, the latest in December 01, 2024.

The company operates in the non-specialised wholesale trade and freight transport by road industries, and its website showcases a wide range of educational supplies. From art and craft materials to exercise books and stationery, Grosvenor House Papers caters to schools, teachers, and home tutors. The website features a comprehensive catalog, quick order options, and even bespoke book creation services—a testament to its commitment to customer needs. It even offers click and collect services.

Financially, Grosvenor House Papers Limited presents a mixed picture. Current assets have decreased by 9.4% to £3,000,000, while net assets have fallen 5.5% to £1,700,000. Bank borrowings have seen a significant drop of 23%, reaching £1,000,000, and cash reserves have fallen 54% to £17,000. Creditors have increased by 52%, suggesting potential challenges in managing short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in equity raises questions. With no auditor mentioned, the figures rely on unaudited statements.

The company’s average number of employees has also decreased by 9.4% to 48. It’s clear that the company is facing some financial pressures, but its commitment to providing quality educational supplies and its family-run nature could help it weather the storm.

Registered in England/Wales under the registration number 02912127, with a registered address at LA9 6NP, Cumbria, Westmorland Business Park, Kendal.

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