I.grunwerg Limited

I. Grunwerg Limited, based in Chesterfield, UK, is a 70-year-old family business with a solid foundation. Founded in 1954, the company currently employs 47 people and boasts assets of £12,880,376. It operates as a holding company, actively importing and exporting basic metal tools and utensils – 442 months of imports and 215 months of exports have been recorded. The company’s real address is registered at Silversteel Manor, Carrwood Road, and is shared by only four other companies. Five directors and three owners (Grunwerg Adam Robert, Grunwerg Anna Elizabeth, and Grunwerg Benjamin James) steer the ship. A Google rating of 4.0 from 32 reviews suggests a positive customer experience.

The company’s core business involves wholesale of household goods, with a strong emphasis on cutlery and tableware. Its website showcases a wide range of products, from contemporary cutlery sets to premium teapots and RF kitchen knives. It also highlights its commitment to British design and craftsmanship, with brands like GLOBAL and DrinkPod featured alongside its own Grunwerg lines. The website also contains a blog section with seasonal content.

Financially, I. Grunwerg Limited presents a mixed picture. While current assets remain stable at £13,000,000, net assets have significantly decreased by 28% to £8,600,000. Bank borrowings have surged by 46%, reaching £1,600,000, and cash reserves have fallen by 81%, sitting at £770,000. Interestingly, creditors have also decreased by 29%, suggesting improved debt management. 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. No auditor is mentioned, likely due to its size, so the figures rely on unaudited statements.

Despite the financial pressures, I. Grunwerg Limited appears to be a resilient family business with a long history and a commitment to quality. The company’s diverse product range, strong online presence, and focus on British craftsmanship position it well for the future, although the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 00541251, with a registered address at S41 9QB, England, Chesterfield, Silversteel Manor, Carrwood Road.

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