V. Griffiths Roofing Ltd

V. Griffiths Roofing Ltd from Pontypridd UK: a small, family business, is active and has been trading for 53 years, established back in 1971. With just two employees and £307,266 in assets, it operates from a virtual address shared by many other companies, which is a little odd. The business is run by two directors and owned by three individuals – Birch Patricia, Griffiths Ian David, and Griffiths Vivian David. They’re irregular importers, bringing in stone, plaster, cement, and similar materials, though their last import was way back in 2017.

The company’s website is a bit of a surprise, showcasing a wide range of products from Amazon, including smart speakers, video doorbells, and even pianos. It seems V. Griffiths Roofing Ltd is also involved in the sale of these items online, alongside its core roofing activities. It's a bit confusing, to be honest.

Financially, things look a little shaky. While turnover is likely modest given its size, net assets have fallen by 13%, and cash reserves are down 73% to just £15,000. Bank borrowings have increased, and trade debtors are holding steady, suggesting some customers are taking longer to pay. The company’s small size (meeting two of three criteria for a small company) helps it stay nimble, but the drop in equity is a concern. The lack of an auditor mentioned (likely exempt as a small company) means these figures aren’t independently verified.

Overall, V. Griffiths Roofing Ltd seems to be navigating a challenging period, possibly due to the diverse nature of its business and the pressures of the current economic climate. It’s a family-run operation with a long history, but it’s clear they’re facing some financial headwinds.

Registered in England/Wales under the registration number 01023353, with a registered address at CF37 4DY, Wales, Pontypridd, Mid Glamorgan, Llanover House, Llanover Road.

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