Grunwald Limited

Grunwald Ltd from Lincolnshire UK is a small holding company with an active status, established 25 years ago in 2000. The company employs 15 people and operates from a virtual address, registered at 18 Northgate, Sleaford – an address shared by over twenty-five other companies. It's managed by three directors and has one owner, though this list isn't exhaustive. Grunwald Ltd regularly imports machinery, boilers, and mechanical appliances; parts, with 72 months of import activity recorded, the last in October 2023. It exports very little, with just one month of export activity recorded back in March 2021. The company operates as agents involved in the sale of machinery, industrial equipment, ships and aircraft industries.

While Grunwald Ltd’s website is not available, it’s likely the company focuses on facilitating trade rather than direct sales. The lack of a website suggests a business-to-business model, relying on established relationships and industry networks.

Financially, Grunwald Ltd presents a mixed picture. Accumulated depreciation for property, plant, and equipment has increased by 27%, indicating aging assets, but amounts owed to related parties have decreased by a significant 48%, a positive sign. Cash reserves have fallen by 36% to £100,000, and net assets have plummeted 53% to £150,000 – a considerable decline. Bank borrowings have increased slightly, and creditors have risen, suggesting the company is managing its debts, but perhaps relying more on credit. 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 agile, but the equity drop is concerning. With no auditor mentioned, the figures are unaudited.

Overall, Grunwald Ltd appears to be facing some financial pressures, though its long-standing presence and established import network suggest resilience. The decrease in equity is a key area to watch, and the company’s ability to maintain its import activity will be crucial for its future.

Registered in England/Wales under the registration number 03963433, with a registered address at NG34 7BJ, Lincolnshire, 18 Northgate, Sleaford.

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