grinding solutions limited Company Information
Company Number
04607181
Next Accounts
Dec 2025
Shareholders
alfred h knight uk holdings limited
Group Structure
View All
Industry
Support activities for other mining and quarrying
+1Registered Address
14 tresillian business park, tresillian, truro, cornwall, TR2 4HF
Website
www.grindingsolutions.comgrinding solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GRINDING SOLUTIONS LIMITED at £1.8m based on a Turnover of £2.6m and 0.69x industry multiple (adjusted for size and gross margin).
grinding solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GRINDING SOLUTIONS LIMITED at £360.9k based on an EBITDA of £99.2k and a 3.64x industry multiple (adjusted for size and gross margin).
grinding solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GRINDING SOLUTIONS LIMITED at £1.6m based on Net Assets of £841.1k and 1.85x industry multiple (adjusted for liquidity).
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Grinding Solutions Limited Overview
Grinding Solutions Limited is a live company located in truro, TR2 4HF with a Companies House number of 04607181. It operates in the support activities for other mining and quarrying sector, SIC Code 09900. Founded in December 2002, it's largest shareholder is alfred h knight uk holdings limited with a 100% stake. Grinding Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with rapid growth in recent years.
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Grinding Solutions Limited Health Check
Pomanda's financial health check has awarded Grinding Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs


3 Strong

3 Regular

5 Weak

Size
annual sales of £2.6m, make it smaller than the average company (£4.5m)
- Grinding Solutions Limited
£4.5m - Industry AVG

Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (9.9%)
- Grinding Solutions Limited
9.9% - Industry AVG

Production
with a gross margin of 32.8%, this company has a comparable cost of product (32.8%)
- Grinding Solutions Limited
32.8% - Industry AVG

Profitability
an operating margin of -0.2% make it less profitable than the average company (4.5%)
- Grinding Solutions Limited
4.5% - Industry AVG

Employees
with 17 employees, this is below the industry average (32)
17 - Grinding Solutions Limited
32 - Industry AVG

Pay Structure
on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)
- Grinding Solutions Limited
£50.8k - Industry AVG

Efficiency
resulting in sales per employee of £155.1k, this is equally as efficient (£155.2k)
- Grinding Solutions Limited
£155.2k - Industry AVG

Debtor Days
it gets paid by customers after 85 days, this is later than average (57 days)
- Grinding Solutions Limited
57 days - Industry AVG

Creditor Days
its suppliers are paid after 11 days, this is quicker than average (34 days)
- Grinding Solutions Limited
34 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grinding Solutions Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (8 weeks)
16 weeks - Grinding Solutions Limited
8 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 51%, this is a lower level of debt than the average (63.1%)
51% - Grinding Solutions Limited
63.1% - Industry AVG
GRINDING SOLUTIONS LIMITED financials

Grinding Solutions Limited's latest turnover from March 2024 is estimated at £2.6 million and the company has net assets of £841.1 thousand. According to their latest financial statements, Grinding Solutions Limited has 17 employees and maintains cash reserves of £193.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 17 | 18 | 19 | 14 | 17 | 15 | 12 | 6 | 4 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 672,366 | 720,338 | 558,886 | 528,772 | 519,585 | 562,665 | 260,583 | 188,237 | 132,846 | 52,619 | 59,853 | 9,910 | 10,467 | 2,533 | 4,198 |
Intangible Assets | 34,807 | ||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 707,173 | 720,338 | 558,886 | 528,772 | 519,585 | 562,665 | 260,583 | 188,237 | 132,846 | 52,619 | 59,853 | 9,910 | 10,467 | 2,533 | 4,198 |
Stock & work in progress | |||||||||||||||
Trade Debtors | 617,354 | 626,321 | 152,716 | 60,012 | 114,379 | 83,658 | 22,137 | 111,233 | 37,989 | 21,348 | 40,016 | 8,856 | 44,232 | 47,739 | 47,762 |
Group Debtors | |||||||||||||||
Misc Debtors | 199,128 | 175,039 | 116,359 | 118,907 | 121,560 | 75,538 | 69,783 | 69,962 | 24,260 | 368 | 20,994 | 8,631 | |||
Cash | 193,874 | 97,750 | 420,392 | 404,069 | 110,116 | 41,082 | 164,336 | 4,395 | 24 | 44 | 845 | 3,869 | 214 | 214 | |
misc current assets | |||||||||||||||
total current assets | 1,010,356 | 899,110 | 689,467 | 582,988 | 346,055 | 200,278 | 256,256 | 185,590 | 62,273 | 21,392 | 41,229 | 8,856 | 48,101 | 68,947 | 56,607 |
total assets | 1,717,529 | 1,619,448 | 1,248,353 | 1,111,760 | 865,640 | 762,943 | 516,839 | 373,827 | 195,119 | 74,011 | 101,082 | 18,766 | 58,568 | 71,480 | 60,805 |
Bank overdraft | 15 | 25,758 | |||||||||||||
Bank loan | 45,455 | 45,455 | 45,455 | 39,455 | |||||||||||
Trade Creditors | 57,718 | 117,276 | 65,086 | 76,161 | 80,302 | 45,397 | 29,136 | 69,412 | 68,027 | 121,596 | 114,409 | 91,485 | 68,409 | 62,969 | 30,620 |
Group/Directors Accounts | 1,421 | 9,723 | 107,799 | ||||||||||||
other short term finances | 41,272 | 41,272 | 41,272 | 22,204 | 49,138 | 30,799 | 37,754 | 23,460 | 27,105 | ||||||
hp & lease commitments | 16,636 | 16,637 | 1,450 | 3,910 | 4,741 | 2,875 | 2,875 | ||||||||
other current liabilities | 446,764 | 165,001 | 120,051 | 93,969 | 247,994 | 174,914 | 188,510 | 145,187 | 85,016 | ||||||
total current liabilities | 607,845 | 387,062 | 281,587 | 341,038 | 381,344 | 255,866 | 258,275 | 240,934 | 205,906 | 121,596 | 114,409 | 91,485 | 68,409 | 62,969 | 30,620 |
loans | 56,818 | 102,273 | 147,727 | 344,212 | 141,393 | 95,946 | 121,383 | 71,272 | 94,731 | ||||||
hp & lease commitments | 37,432 | 54,068 | 1,084 | 4,994 | 4,552 | 7,427 | |||||||||
Accruals and Deferred Income | 32,217 | 21,297 | 42,933 | 18,590 | 27,635 | 14,946 | |||||||||
other liabilities | 30,425 | 79,604 | 126,809 | 30,279 | 18,179 | ||||||||||
provisions | 143,861 | 139,986 | 95,440 | 65,146 | 54,732 | 72,950 | 27,568 | 23,579 | 10,340 | 26,367 | 29,601 | 1,982 | 2,094 | ||
total long term liabilities | 268,536 | 375,931 | 369,976 | 441,575 | 218,506 | 216,823 | 172,093 | 129,913 | 120,017 | 56,646 | 47,780 | 1,982 | 2,094 | ||
total liabilities | 876,381 | 762,993 | 651,563 | 782,613 | 599,850 | 472,689 | 430,368 | 370,847 | 325,923 | 178,242 | 162,189 | 93,467 | 70,503 | 62,969 | 30,620 |
net assets | 841,148 | 856,455 | 596,790 | 329,147 | 265,790 | 290,254 | 86,471 | 2,980 | -130,804 | -104,231 | -61,107 | -74,701 | -11,935 | 8,511 | 30,185 |
total shareholders funds | 841,148 | 856,455 | 596,790 | 329,147 | 265,790 | 290,254 | 86,471 | 2,980 | -130,804 | -104,231 | -61,107 | -74,701 | -11,935 | 8,511 | 30,185 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 95,401 | 97,510 | 70,475 | 65,291 | 65,443 | 42,993 | 44,416 | 32,461 | 15,872 | 9,286 | 6,748 | 1,749 | 1,847 | 447 | 741 |
Amortisation | 8,033 | ||||||||||||||
Tax | |||||||||||||||
Stock | |||||||||||||||
Debtors | 15,122 | 532,285 | 90,156 | -57,020 | 76,743 | 67,276 | -89,275 | 118,946 | 40,901 | -19,036 | 31,528 | -35,376 | -24,501 | 12,340 | 56,393 |
Creditors | -59,558 | 52,190 | -11,075 | -4,141 | 34,905 | 16,261 | -40,276 | 1,385 | -53,569 | 7,187 | 22,924 | 23,076 | 5,440 | 32,349 | 30,620 |
Accruals and Deferred Income | 281,763 | 44,950 | -6,135 | -143,105 | 51,444 | 10,747 | 34,278 | 72,860 | 99,962 | ||||||
Deferred Taxes & Provisions | 3,875 | 44,546 | 30,294 | 10,414 | -18,218 | 45,382 | 3,989 | 13,239 | -16,027 | -3,234 | 27,619 | -112 | 2,094 | ||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 6,000 | 39,455 | |||||||||||||
Group/Directors Accounts | -1,421 | -8,302 | -98,076 | 107,799 | |||||||||||
Other Short Term Loans | 19,068 | -26,934 | 18,339 | -6,955 | 14,294 | -3,645 | 27,105 | ||||||||
Long term loans | -45,455 | -45,454 | -196,485 | 202,819 | 45,447 | -25,437 | 50,111 | -23,459 | 94,731 | ||||||
Hire Purchase and Lease Commitments | -16,637 | 70,705 | -1,450 | -3,544 | -4,741 | 2,308 | -2,875 | 10,302 | |||||||
other long term liabilities | -49,179 | -47,205 | 126,809 | -30,279 | 12,100 | 18,179 | |||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 96,124 | -322,642 | 16,323 | 293,953 | 69,034 | -123,254 | 159,941 | 4,371 | -20 | -801 | 845 | -3,869 | 3,655 | 214 | |
overdraft | -15 | 15 | -25,758 | 25,758 | |||||||||||
change in cash | 96,124 | -322,642 | 16,323 | 293,953 | 69,049 | -123,269 | 159,941 | 30,129 | -25,778 | -801 | 845 | -3,869 | 3,655 | 214 |
grinding solutions limited Credit Report and Business Information
Grinding Solutions Limited Competitor Analysis

Perform a competitor analysis for grinding solutions limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other small companies, companies in TR2 area or any other competitors across 12 key performance metrics.
grinding solutions limited Ownership
GRINDING SOLUTIONS LIMITED group structure
Grinding Solutions Limited has no subsidiary companies.
Ultimate parent company
2 parents
GRINDING SOLUTIONS LIMITED
04607181
grinding solutions limited directors
Grinding Solutions Limited currently has 5 directors. The longest serving directors include Mr Daniel Abraham (Sep 2022) and Mrs Samantha Abraham (Sep 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Daniel Abraham | England | 44 years | Sep 2022 | - | Director |
Mrs Samantha Abraham | England | 40 years | Sep 2023 | - | Director |
Mr Ian Baxter | 54 years | Oct 2024 | - | Director | |
Mr Andrew Knight | England | 33 years | Oct 2024 | - | Director |
Mr Thomas Walder | England | 38 years | Oct 2024 | - | Director |
P&L
March 2024turnover
2.6m
+2%
operating profit
-4.3k
0%
gross margin
32.8%
-4.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
841.1k
-0.02%
total assets
1.7m
+0.06%
cash
193.9k
+0.98%
net assets
Total assets minus all liabilities
grinding solutions limited company details
company number
04607181
Type
Private limited with Share Capital
industry
09900 - Support activities for other mining and quarrying
71200 - Technical testing and analysis
incorporation date
December 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
FRANCIS CLARK LLP
auditor
-
address
14 tresillian business park, tresillian, truro, cornwall, TR2 4HF
Bank
HSBC BANK PLC
Legal Advisor
-
grinding solutions 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 1 charges/mortgages relating to grinding solutions limited. Currently there are 0 open charges and 1 have been satisfied in the past.
grinding solutions 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.
Click to start generating capital raising & share issue transactions for GRINDING SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
grinding solutions limited Companies House Filings - See Documents
date | description | view/download |
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