Morrisons Grp Ltd

Morrisons GRP Ltd, based in Bootle, Merseyside, UK, is a small, active company founded 21 years ago. With 13 employees and £422,133 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer, having imported none for a single month, and a regular exporter of stone, plaster, cement, and similar material products for seven months, with the last export operation occurring in December 2021.

The company’s website highlights a diverse range of services and products, specializing in advanced heat retention solutions, tube bending, and the supply of colloidal silica and refractory ceramic products, particularly for the fire industry. It manufactures high-quality ceramic logs and components, offering bespoke solutions for clients worldwide. The website emphasizes a professional workforce and engineering excellence, with a focus on custom-made solutions and a commitment to international standards.

Financially, Morrisons GRP Ltd presents a mixed picture. Current assets have increased by 18% to £420,000, while net assets remained stable at £370,000. Bank borrowings have decreased by 48%, reaching £32,000, and cash reserves remained consistent at £8,100. Creditors have decreased by 49%, 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) allows for agility, but the changes in bank borrowings and creditors warrant closer monitoring. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It seems that the company is holding steady, but could benefit from a more robust financial strategy.

Registered in England/Wales under the registration number 05076953, with a registered address at L20 8NQ, Merseyside, Bedford Place, Off Derby Road, Bootle.

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