Groundtec Solutions Limited
- Small
- Active
- 3 years
- 3 employees
- £375,346 (assets)
- Virtual address
- 2 directors
- 2 owners
- Irregular importer
- Rating 5.0 (1)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Groundtec Solutions Ltd, based in Nantwich, UK, is a small, active company founded just three years ago. With two employees and £276,340 in assets, it operates from a virtual address—a detail flagged by the registration of fifty-five other companies at the same location. The company is owned and directed by Grindley Matthew Robert and Howells Andrew Glyn, and boasts a perfect 5.0 Google rating from one review. It’s an irregular importer, primarily bringing in electrical machinery and equipment, with its last import operation recorded in October 2023.
The company’s website, Groundtec Developments, highlights its focus on groundwork, construction, and land projects. The process outlined on the site is clear: consultation, planning, proposal, execution, quality control, and completion. They offer services including new builds, construction development, land buying appraisals, groundworks, and landscaping. Testimonials from satisfied clients emphasize the company’s professionalism and reliable results.
Financially, Groundtec Solutions Ltd shows a mixed picture. Cash reserves have surged by an impressive 280%, reaching £190,000, while debtors have increased significantly by 410%, now sitting at £79,000. However, net losses deepened to -£23,000, and bank borrowings increased by 2,400%, reaching £29,000. Creditors have also risen considerably, now at £240,000. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the increase in debt and losses suggests it’s burning through cash. As a small company, it’s exempt from an audit, so these figures are unaudited. It's clear the company is working hard, but needs to manage its finances carefully.
Registered in England/Wales under the registration number 13578317, with a registered address at CW5 7ED, United Kingdom, Nantwich, 31 Wellington Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Total exemption full accounts made up to 2024-08-31Download 12 pages pdf report
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Confirmation statement made on 2024-09-01 with updatesDownload 5 pages pdf report
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Total exemption full accounts made up to 2023-08-31Download 12 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Groundtec Solutions Limited
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