Grotech Production Limited

Grotech Production Ltd, based in Goole, UK, is a small, active company established 22 years ago. Employing 33 people, it holds assets of £1,520,454 and operates from a real address. With two directors and one owner, the company focuses on both importing and exporting. It regularly imports plastics and plastic products (6 months) and exports miscellaneous chemical products (7 months).

The company's website reveals it's a specialist in custom toll manufacturing, packing, and filling for various sectors, including agrochemicals, construction, and speciality chemicals. It doesn’s produce its own brands, instead focusing on expert manufacturing services for other companies. The site highlights its 40 years of experience, commitment to quality, technical support, and multi-sector expertise.

Financially, Grotech Production Ltd’s numbers paint a mixed picture. While current assets increased by 6.3% to £1,500,000, net assets rose by 73% to £250,000. However, bank borrowings decreased by 43% to £93,000, and cash reserves fell by 25% to £240,000. Trade debtors increased by 17%, which could indicate a growing customer base or perhaps a change in payment terms. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, likely due to its small size.

The decrease in cash reserves and increase in trade debtors suggest the company is managing its finances carefully, but it could be facing some short-term pressures. The focus on custom manufacturing and its long-standing presence in the industry, however, provides a solid foundation for future growth.

Registered in England/Wales under the registration number 04437601, with a registered address at DN14 6ET, Goole, East Yorkshire, Grotech Production Limited, Britannia Road.

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