Grp Safety Ltd

Grp Safety Ltd, based in Earith, UK, is a small, active company founded eleven years ago in 2014. With thirteen employees and £2,357,145 in assets, it’s a modest operation with a real address and two directors and owners at the helm. The company regularly imports plastics and plastic products, with 12 months of import activity recorded, and occasionally exports iron or steel products, with just one month of export activity. It operates within the manufacture of glass fibres industries.

The company's website showcases a wide range of fibreglass anti-slip safety products, catering to industrial and commercial sectors. Grp Safety Ltd offers grating, moulded grating, service riser grating, stair treads, nosings, decking, ladders, and platforms, all designed to enhance safety and prevent slips and falls. They offer installation services and even provide bespoke fabrication and visualisation. The site also highlights their expertise in GRP service risers and offers a quick product finder for ease of navigation.

Financially, Grp Safety Ltd presents a mixed picture. While current assets remained stable at £2,400,000, net assets increased by 6.2% to £2,100,000. Cash reserves decreased by 2.5% to £910,000. Trade debtors increased by 14% to £490,000, suggesting a growth in sales, but creditors also rose by 38% to £210,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. 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 stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Grp Safety Ltd seems to be holding steady, but facing pressures. The company’s focus on specialised safety products and its commitment to customer service suggest a solid foundation, but careful financial management will be crucial for sustained growth.

Registered in England/Wales under the registration number 08967069, with a registered address at PE28 3QT, Earith, Cambridgeshire, Unit 2 Harradines Estate, Short Drove.

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