Yard Grind Ltd

Yard Grind Ltd is a small, active holding company based in Worcester, UK, founded two years ago in February 2023. The company, with a real address and three directors, is owned by Yard Coffee Group Ltd. It operates in the retail sale via mail order houses or via internet industries.

The company's website, salesgrindingservices.co.uk, reveals a precision grinding service provider. They offer contract precision grinding and surface finishing for components, catering to various industries. The site showcases a wide range of plant equipment, from Ajax surface grinders to Studer CNC cylindrical grinders, and emphasizes reliability, confidentiality, and competitive pricing. They also provide ancillary equipment and extensive measuring tools. It’s clear they’re a subcontractor, not a manufacturer, acting as a grinding department for other companies.

Financially, Yard Grind Ltd’s situation appears precarious. While it’s a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a concerning -£610. Cash reserves are minimal at just £240, and bank borrowings are significant at £850. Creditors remain stable, but the negative equity suggests the company is burning through money. No auditor is mentioned, which is typical for a small, exempt company.

The company’s reliance on a single owner and the lack of employees (zero reported) indicates a lean operation, but the negative equity raises concerns about its long-term viability. It's a bit strange that the company is burning through money like this.

Registered in England/Wales under the registration number 14629707, with a registered address at WR5 3GA, England, Worcester, Worcestershire, Suite 3 First Floor 8 Basin Road, Diglis Basin.

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