grinsty holdings limited
grinsty holdings limited Company Information
Company Number
03910380
Next Accounts
Sep 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
michael philip thompson
Group Structure
View All
Contact
Registered Address
waterfront one, waterfront business park, brierley hill, DY5 1LX
Website
-grinsty holdings limited Estimated Valuation
Pomanda estimates the enterprise value of GRINSTY HOLDINGS LIMITED at £639.4k based on a Turnover of £189.3k and 3.38x industry multiple (adjusted for size and gross margin).
grinsty holdings limited Estimated Valuation
Pomanda estimates the enterprise value of GRINSTY HOLDINGS LIMITED at £3m based on an EBITDA of £434k and a 6.96x industry multiple (adjusted for size and gross margin).
grinsty holdings limited Estimated Valuation
Pomanda estimates the enterprise value of GRINSTY HOLDINGS LIMITED at £6.9m based on Net Assets of £4m and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Grinsty Holdings Limited Overview
Grinsty Holdings Limited is a live company located in brierley hill, DY5 1LX with a Companies House number of 03910380. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2000, it's largest shareholder is michael philip thompson with a 100% stake. Grinsty Holdings Limited is a mature, micro sized company, Pomanda has estimated its turnover at £189.3k with declining growth in recent years.
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Grinsty Holdings Limited Health Check
Pomanda's financial health check has awarded Grinsty Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £189.3k, make it smaller than the average company (£1m)
- Grinsty Holdings Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (3.6%)
- Grinsty Holdings Limited
3.6% - Industry AVG
Production
with a gross margin of 71.1%, this company has a comparable cost of product (71.1%)
- Grinsty Holdings Limited
71.1% - Industry AVG
Profitability
an operating margin of 201.7% make it more profitable than the average company (22.1%)
- Grinsty Holdings Limited
22.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Grinsty Holdings Limited
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Grinsty Holdings Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £94.7k, this is less efficient (£202.7k)
- Grinsty Holdings Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (33 days)
- Grinsty Holdings Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 431 days, this is slower than average (35 days)
- Grinsty Holdings Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grinsty Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1223 weeks, this is more cash available to meet short term requirements (11 weeks)
1223 weeks - Grinsty Holdings Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.8%, this is a lower level of debt than the average (70.6%)
6.8% - Grinsty Holdings Limited
70.6% - Industry AVG
GRINSTY HOLDINGS LIMITED financials
Grinsty Holdings Limited's latest turnover from December 2023 is estimated at £189.3 thousand and the company has net assets of £4 million. According to their latest financial statements, Grinsty Holdings Limited has 2 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,549,143 | 7,401,561 | 6,968,077 | 4,967,724 | 4,836,195 | 4,019,977 | 3,895,094 | 4,371,257 | 4,492,160 | 3,525,641 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 2,481,519 | 5,284,924 | 4,278,887 | 2,878,024 | 2,938,481 | 2,259,845 | 2,312,146 | 2,833,271 | 3,038,970 | 2,148,650 | ||||
| Gross Profit | 1,067,624 | 2,116,637 | 2,689,190 | 2,089,700 | 1,897,714 | 1,760,132 | 1,582,948 | 1,537,986 | 1,453,190 | 1,376,991 | ||||
| Admin Expenses | 2,232,241 | 3,855,234 | 2,055,663 | 1,813,515 | 1,642,149 | 1,472,927 | 1,368,709 | 1,257,284 | 1,339,871 | 1,382,025 | ||||
| Operating Profit | -1,164,617 | -1,738,597 | 633,527 | 276,185 | 255,565 | 287,205 | 214,239 | 280,702 | 113,319 | -5,034 | ||||
| Interest Payable | 1,627 | 56 | 0 | 777 | 100 | 1,456 | 2,871 | 4,736 | 3,821 | 8,455 | ||||
| Interest Receivable | 218 | 561 | 1 | 2,966 | 6,855 | 6,473 | 5,150 | 5,716 | 3,320 | 1,282 | ||||
| Pre-Tax Profit | -1,166,026 | -1,738,092 | 633,528 | 278,374 | 262,320 | 292,222 | 216,518 | 281,682 | -58,861 | -587,788 | ||||
| Tax | 20,500 | 144,388 | -17,180 | -18,667 | -43,033 | -23,232 | -35,753 | -41,992 | -25,274 | -10,316 | ||||
| Profit After Tax | -1,145,526 | -1,593,704 | 616,348 | 259,707 | 219,287 | 268,990 | 180,765 | 239,690 | -84,135 | -598,104 | ||||
| Dividends Paid | 2,000 | 50,000 | 50,000 | 50,000 | 50,000 | 120,000 | 65,000 | 40,000 | 0 | 100,000 | ||||
| Retained Profit | -1,147,526 | -1,643,704 | 566,348 | 209,707 | 169,287 | 148,990 | 115,765 | 199,690 | -84,135 | -698,104 | ||||
| Employee Costs | 1,605,654 | 3,768,755 | 2,326,882 | 2,013,515 | 1,773,809 | 1,626,090 | 1,402,146 | 1,391,122 | 1,380,341 | 1,280,445 | ||||
| Number Of Employees | 2 | 2 | 2 | 2 | 55 | 93 | 91 | 80 | 73 | 65 | 62 | 67 | 63 | 57 |
| EBITDA* | -1,025,288 | -1,451,580 | 848,200 | 430,023 | 374,811 | 406,173 | 302,027 | 405,279 | 256,483 | 157,175 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,265,185 | 1,997,855 | 2,751,169 | 2,903,487 | 3,229,041 | 2,626,370 | 1,767,291 | 1,751,484 | 1,345,236 | 1,234,230 | 1,284,665 | 1,279,699 | 1,307,180 | 1,709,471 |
| Intangible Assets | 1,000 | 2,000 | 3,000 | 4,000 | 5,000 | 0 | 535,694 | 653,744 | 616,006 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 0 | 0 | 760,000 | 760,000 | 760,000 | 716,000 | 645,000 | 645,000 | 645,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,266,186 | 1,999,856 | 2,754,170 | 2,907,488 | 3,234,041 | 2,626,370 | 3,062,985 | 3,165,228 | 2,721,242 | 1,950,230 | 1,929,665 | 1,924,699 | 1,952,180 | 1,709,471 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 327,252 | 1,456,674 | 1,437,718 | 1,159,383 | 1,170,779 | 1,002,076 | 897,380 | 882,988 | 1,014,754 | 1,028,551 |
| Trade Debtors | 6,598 | 2,436 | 7,484 | 21,297 | 452,306 | 477,968 | 1,989,823 | 1,366,353 | 1,160,212 | 1,070,006 | 777,458 | 677,383 | 1,086,878 | 939,791 |
| Group Debtors | 47,683 | 0 | 20,074 | 66,886 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 82,882 | 43,904 | 8,609 | 81,151 | 133,818 | 214,599 | 93,895 | 116,736 | 182,596 | 192,763 | 214,005 | 322,763 | 301,379 | 769,938 |
| Cash | 1,837,513 | 2,040,463 | 495,280 | 318,849 | 297,999 | 408,265 | 647,448 | 661,584 | 942,521 | 2,210,289 | 1,729,034 | 1,624,449 | 1,104,665 | 859,321 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,974,676 | 2,086,803 | 531,447 | 488,183 | 1,211,375 | 2,557,506 | 4,168,884 | 3,304,056 | 3,456,108 | 4,475,134 | 3,617,877 | 3,507,583 | 3,507,676 | 3,597,601 |
| total assets | 4,240,862 | 4,086,659 | 3,285,617 | 3,395,671 | 4,445,416 | 5,183,876 | 7,231,869 | 6,469,284 | 6,177,350 | 6,425,364 | 5,547,542 | 5,432,282 | 5,459,856 | 5,307,072 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,553 | 42,500 | 41,014 | 35,000 | 35,000 |
| Trade Creditors | 64,542 | 26,212 | 21,349 | 11,419 | 417,330 | 584,424 | 946,148 | 651,028 | 711,782 | 507,085 | 504,275 | 506,932 | 597,317 | 522,862 |
| Group/Directors Accounts | 0 | 27,716 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43,321 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,002 | 27,303 | 27,303 | 0 |
| other current liabilities | 13,585 | 277,784 | 33,998 | 21,643 | 221,349 | 334,243 | 381,014 | 508,793 | 351,710 | 960,835 | 293,513 | 228,068 | 297,918 | 203,096 |
| total current liabilities | 78,127 | 331,712 | 55,347 | 33,062 | 638,679 | 918,667 | 1,327,162 | 1,159,821 | 1,063,492 | 1,544,794 | 858,290 | 803,317 | 957,538 | 760,958 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,270 | 76,246 | 122,985 | 163,048 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,002 | 45,305 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 212,000 | 157,000 | 74,000 | 86,000 | 81,000 | 101,500 | 97,294 | 68,398 | 82,500 | 62,500 | 57,900 | 52,400 | 51,400 | 44,497 |
| total long term liabilities | 212,000 | 157,000 | 74,000 | 86,000 | 81,000 | 101,500 | 97,294 | 68,398 | 82,500 | 62,500 | 91,170 | 146,648 | 219,690 | 207,545 |
| total liabilities | 290,127 | 488,712 | 129,347 | 119,062 | 719,679 | 1,020,167 | 1,424,456 | 1,228,219 | 1,145,992 | 1,607,294 | 949,460 | 949,965 | 1,177,228 | 968,503 |
| net assets | 3,950,735 | 3,597,947 | 3,156,270 | 3,276,609 | 3,725,737 | 4,163,709 | 5,807,413 | 5,241,065 | 5,031,358 | 4,818,070 | 4,598,082 | 4,482,317 | 4,282,628 | 4,338,569 |
| total shareholders funds | 3,950,735 | 3,597,947 | 3,156,270 | 3,276,609 | 3,725,737 | 4,163,709 | 5,807,413 | 5,241,065 | 5,031,358 | 4,818,070 | 4,598,082 | 4,482,317 | 4,282,628 | 4,338,569 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -1,164,617 | -1,738,597 | 633,527 | 276,185 | 255,565 | 287,205 | 214,239 | 280,702 | 113,319 | -5,034 | ||||
| Depreciation | 51,037 | 71,350 | 82,124 | 94,655 | 139,329 | 147,517 | 91,673 | 123,838 | 119,246 | 118,968 | 87,788 | 124,577 | 143,164 | 162,209 |
| Amortisation | 1,000 | 1,000 | 1,000 | 1,000 | 0 | 139,500 | 123,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 20,500 | 144,388 | -17,180 | -18,667 | -43,033 | -23,232 | -35,753 | -41,992 | -25,274 | -10,316 | ||||
| Stock | 0 | 0 | 0 | -327,252 | -1,129,422 | 18,956 | 278,335 | -11,396 | 168,703 | 104,696 | 14,392 | -131,766 | -13,797 | 1,028,551 |
| Debtors | 90,823 | 10,173 | -133,167 | -416,790 | -106,443 | -1,391,151 | 600,629 | 140,281 | 80,039 | 271,306 | -8,683 | -388,111 | -321,472 | 1,709,729 |
| Creditors | 38,330 | 4,863 | 9,930 | -405,911 | -167,094 | -361,724 | 295,120 | -60,754 | 204,697 | 2,810 | -2,657 | -90,385 | 74,455 | 522,862 |
| Accruals and Deferred Income | -264,199 | 243,786 | 12,355 | -199,706 | -112,894 | -46,771 | -127,779 | 157,083 | -609,125 | 667,322 | 65,445 | -69,850 | 94,822 | 203,096 |
| Deferred Taxes & Provisions | 55,000 | 83,000 | -12,000 | 5,000 | -20,500 | 4,206 | 28,896 | -14,102 | 20,000 | 4,600 | 5,500 | 1,000 | 6,903 | 44,497 |
| Cash flow from operations | -69,411 | -339,286 | 148,293 | 364,698 | -301,392 | 681,671 | 328,853 | 723,929 | 742,658 | -1,820,966 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | -62,507 | -321,597 | -109,683 | -595,834 | -846,317 | -59,828 | -92,753 | -96,645 | -258,360 | 158,072 | ||||
| Change in Investments | 0 | 0 | 0 | 1 | 0 | -760,000 | 0 | 0 | 44,000 | 71,000 | 0 | 0 | 645,000 | 0 |
| cash flow from investments | -62,507 | 438,403 | -109,683 | -595,834 | -890,317 | -130,828 | -92,753 | -96,645 | -903,360 | 158,072 | ||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33,553 | -8,947 | 1,486 | 6,014 | 0 | 35,000 |
| Group/Directors Accounts | -27,716 | 27,716 | 0 | 0 | 0 | 0 | 0 | 0 | -43,321 | 43,321 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33,270 | -42,976 | -46,739 | -40,063 | 163,048 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,002 | -27,303 | -27,303 | 72,608 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,409 | 505 | 1 | 2,189 | 6,755 | 5,017 | 2,279 | 980 | -501 | -7,173 | ||||
| cash flow from financing | 708,145 | 505 | 1 | 2,189 | -26,118 | 59,117 | -66,514 | -67,049 | 60,238 | 5,227,548 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -202,950 | 1,545,183 | 176,431 | 20,850 | -110,266 | -239,183 | -14,136 | -280,937 | -1,267,768 | 481,255 | 104,585 | 519,784 | 245,344 | 859,321 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -202,950 | 1,545,183 | 176,431 | 20,850 | -110,266 | -239,183 | -14,136 | -280,937 | -1,267,768 | 481,255 | 104,585 | 519,784 | 245,344 | 859,321 |
grinsty holdings limited Credit Report and Business Information
Grinsty Holdings Limited Competitor Analysis
Perform a competitor analysis for grinsty holdings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DY5 area or any other competitors across 12 key performance metrics.
grinsty holdings limited Ownership
GRINSTY HOLDINGS LIMITED group structure
Grinsty Holdings Limited has 3 subsidiary companies.
Ultimate parent company
GRINSTY HOLDINGS LIMITED
03910380
3 subsidiaries
grinsty holdings limited directors
Grinsty Holdings Limited currently has 1 director, Mr Michael Thompson serving since Feb 2000.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Thompson | England | 81 years | Feb 2000 | - | Director |
P&L
December 2023turnover
189.3k
+42%
operating profit
381.9k
0%
gross margin
71.2%
+0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4m
+0.1%
total assets
4.2m
+0.04%
cash
1.8m
-0.1%
net assets
Total assets minus all liabilities
grinsty holdings limited company details
company number
03910380
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 2000
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
waterfront one, waterfront business park, brierley hill, DY5 1LX
Bank
-
Legal Advisor
-
grinsty holdings limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to grinsty holdings limited. Currently there are 0 open charges and 7 have been satisfied in the past.
grinsty holdings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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grinsty holdings limited Companies House Filings - See Documents
| date | description | view/download |
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