The Grampus Inn Limited

The Grampus Inn Limited, based in Bideford, UK, is a small, active company founded 11 years ago. With 18 employees and £54,553 in assets, it’s a solo-founded operation run by a single director and owner, Harvey William John. The business boasts a perfect 5.0 Google rating from 818 reviews, a testament to its popularity. It's a regular importer of drinks, alcohol, and vinegar, with 10 months of import activity recorded, the latest in June 2024.

The company operates as a public house and bar, a traditional British institution. Its registered address is EX39 2AT, Bideford, Devon, 69 High Street, though it’s likely a virtual address as seventy companies share this location. While it doesn’s have a website, the company is clearly focused on serving its local community.

Financially, The Grampus Inn Limited shows a concerning trend. Current assets have plummeted 64%, falling to £55,000, while net current liabilities have swung to a negative £18,000—a significant reversal. Cash reserves have also taken a hit, decreasing 72% to just £31,000. Creditors have decreased slightly, but bank borrowings have increased. 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 nimble, but the sharp decline in equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, The Grampus Inn Limited is facing financial pressures. While its Google rating suggests strong customer satisfaction, the declining assets and negative current liabilities indicate a need for careful management. It’s clear the business is reliant on the continuing support of its creditors, and whether it can sustain its operations long-term remains to be seen.

Registered in England/Wales under the registration number 08769704, with a registered address at EX39 2AT, Bideford, Devon, 69 High Street.

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