John E. Griggs & Sons Limited

John E. Griggs & Sons Limited, based in Borehamwood, UK, is a sizable company with a 52-year history, currently employing 54 people. The company holds assets totaling £9,375,965 and generates a yearly revenue of £37,444,640. It operates as a holding company and has an active status. The company is managed by three directors and owned by one individual. It has a 5.0 Google rating based on one review. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with the last import operation made in February 2025.

The company’s website doesn't appear to be actively used for e-commerce. It seems to function primarily as an informational resource, detailing the company’s construction and development activities. There's no online store or direct sales functionality visible.

Financially, John E. Griggs & Sons Limited presents a mixed picture. Current assets have decreased by 17% to £9,400,000, while net assets have remained steady at £2,000,000. Bank borrowings have significantly dropped by 80% to £110,000, and cash reserves have fallen by 15% to £1,600,000. Creditors have also decreased by 21%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total over £18 million. However, the decrease in cash reserves and the reliance on bank borrowings could indicate a need for careful financial management. The company's auditor is TC Group. It's likely that the decrease in cash reserves is related to the company’s construction projects, which often require significant upfront investment. The fact that bank borrowings have decreased suggests the company has been able to reduce its debt load, which is a positive sign.

Registered in England/Wales under the registration number 01074092, with a registered address at WD6 2FX, England, Borehamwood, Hertfordshire, 1st Floor Spitalfields House, Stirling Way.

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