Grotec Uk Ltd

Grotec UK Ltd from Lancashire UK: a small, active company founded 17 years ago, employs nine people, and has a real address. It’s a family business with a stellar 5.0 Google rating from 45 reviews, and regularly imports electrical machinery and equipment—six months of imports recorded. The company operates in the retail sector, specializing in hydroponic equipment and supplies.

The company’s website, Grotec UK Ltd, showcases a range of products, including lighting, propagation tents, plant food, and pest control items. Customers can reserve collection times using an online booking system, which is a nice touch. The site also highlights the company’s commitment to customer service, offering free consultations and emphasizing British craftsmanship. They even have a physical shop location in Rochdale, with opening hours listed clearly.

Financially, Grotec UK Ltd shows a mixed picture. Cash bank on hand decreased by 23% to £560,000, while finished goods and goods for resale increased by 35% to £570,000. Property, plant, and equipment declined by 13% to £160,000. Equity grew slightly, increasing by 4.4% to £1,000,000. Creditors decreased by 19% to £400,000, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it stay flexible. No auditor is mentioned, which is common for companies of this size.

Overall, Grotec UK Ltd appears to be navigating a competitive market. The increase in inventory suggests they’re anticipating demand, but the decrease in cash reserves could indicate they're investing heavily or facing tighter margins. It's a family-run business with a good reputation, but keeping an eye on their cash flow will be important for sustained success.

Registered in England/Wales under the registration number 06290409, with a registered address at OL11 3PG, Lancashire, 393 Manchester Road, Sudden Rochdale.

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