grinding solutions limited

Live MatureSmallRapid

grinding solutions limited Company Information

Share GRINDING SOLUTIONS LIMITED

Company Number

04607181

Shareholders

alfred h knight uk holdings limited

Group Structure

View All

Industry

Support activities for other mining and quarrying

 +1

Registered Address

14 tresillian business park, tresillian, truro, cornwall, TR2 4HF

grinding solutions limited Estimated Valuation

£1.8m

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

£360.9k

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

£1.6m

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2.6m, make it smaller than the average company (£4.5m)

£2.6m - Grinding Solutions Limited

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (9.9%)

31% - Grinding Solutions Limited

9.9% - Industry AVG

production

Production

with a gross margin of 32.8%, this company has a comparable cost of product (32.8%)

32.8% - Grinding Solutions Limited

32.8% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (4.5%)

-0.2% - Grinding Solutions Limited

4.5% - Industry AVG

employees

Employees

with 17 employees, this is below the industry average (32)

17 - Grinding Solutions Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)

£50.8k - Grinding Solutions Limited

£50.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £155.1k, this is equally as efficient (£155.2k)

£155.1k - Grinding Solutions Limited

£155.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 85 days, this is later than average (57 days)

85 days - Grinding Solutions Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (34 days)

11 days - Grinding Solutions Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Grinding Solutions Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,637,2132,578,9601,625,8541,173,4871,280,4621,020,519752,427614,581382,850322,869360,837191,745300,840307,865255,258
Other Income Or Grants
Cost Of Sales1,773,4031,690,2331,022,179706,871712,744547,637437,556366,505226,379187,541213,557122,459191,250190,701147,793
Gross Profit863,810888,727603,674466,616567,719472,881314,871248,076156,471135,328147,28069,286109,589117,164107,465
Admin Expenses868,066557,461254,731370,464582,581212,418203,96773,279178,247178,454129,628132,062130,045138,83965,545
Operating Profit-4,256331,266348,94396,152-14,862260,463110,904174,797-21,776-43,12617,652-62,776-20,456-21,67541,920
Interest Payable18,70621,70221,61118,1909,6779,6498,2517,5734,797
Interest Receivable7,65511,0113,09225776770422622101011
Pre-Tax Profit-15,307320,574330,42378,219-24,464251,584103,075167,230-26,573-43,12417,655-62,766-20,446-21,67441,921
Tax-60,909-62,780-14,862-47,801-19,584-33,446-4,061-11,738
Profit After Tax-15,307259,665267,64363,357-24,464203,78383,491133,784-26,573-43,12413,594-62,766-20,446-21,67430,183
Dividends Paid
Retained Profit-15,307259,665267,64363,357-24,464203,78383,491133,784-26,573-43,12413,594-62,766-20,446-21,67430,183
Employee Costs863,935865,764867,654612,231827,883654,605479,399235,207159,339114,324160,12478,814118,597137,001100,357
Number Of Employees1718191417151264342343
EBITDA*99,178428,776419,418161,44350,581303,456155,320207,258-5,904-33,84024,400-61,027-18,609-21,22842,661

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets672,366720,338558,886528,772519,585562,665260,583188,237132,84652,61959,8539,91010,4672,5334,198
Intangible Assets34,807
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets707,173720,338558,886528,772519,585562,665260,583188,237132,84652,61959,8539,91010,4672,5334,198
Stock & work in progress
Trade Debtors617,354626,321152,71660,012114,37983,65822,137111,23337,98921,34840,0168,85644,23247,73947,762
Group Debtors
Misc Debtors199,128175,039116,359118,907121,56075,53869,78369,96224,26036820,9948,631
Cash193,87497,750420,392404,069110,11641,082164,3364,39524448453,869214214
misc current assets
total current assets1,010,356899,110689,467582,988346,055200,278256,256185,59062,27321,39241,2298,85648,10168,94756,607
total assets1,717,5291,619,4481,248,3531,111,760865,640762,943516,839373,827195,11974,011101,08218,76658,56871,48060,805
Bank overdraft1525,758
Bank loan45,45545,45545,45539,455
Trade Creditors 57,718117,27665,08676,16180,30245,39729,13669,41268,027121,596114,40991,48568,40962,96930,620
Group/Directors Accounts1,4219,723107,799
other short term finances41,27241,27241,27222,20449,13830,79937,75423,46027,105
hp & lease commitments16,63616,6371,4503,9104,7412,8752,875
other current liabilities446,764165,001120,05193,969247,994174,914188,510145,18785,016
total current liabilities607,845387,062281,587341,038381,344255,866258,275240,934205,906121,596114,40991,48568,40962,96930,620
loans56,818102,273147,727344,212141,39395,946121,38371,27294,731
hp & lease commitments37,43254,0681,0844,9944,5527,427
Accruals and Deferred Income32,21721,29742,93318,59027,63514,946
other liabilities30,42579,604126,80930,27918,179
provisions143,861139,98695,44065,14654,73272,95027,56823,57910,34026,36729,6011,9822,094
total long term liabilities268,536375,931369,976441,575218,506216,823172,093129,913120,01756,64647,7801,9822,094
total liabilities876,381762,993651,563782,613599,850472,689430,368370,847325,923178,242162,18993,46770,50362,96930,620
net assets841,148856,455596,790329,147265,790290,25486,4712,980-130,804-104,231-61,107-74,701-11,9358,51130,185
total shareholders funds841,148856,455596,790329,147265,790290,25486,4712,980-130,804-104,231-61,107-74,701-11,9358,51130,185
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-4,256331,266348,94396,152-14,862260,463110,904174,797-21,776-43,12617,652-62,776-20,456-21,67541,920
Depreciation95,40197,51070,47565,29165,44342,99344,41632,46115,8729,2866,7481,7491,847447741
Amortisation8,033
Tax-60,909-62,780-14,862-47,801-19,584-33,446-4,061-11,738
Stock
Debtors15,122532,28590,156-57,02076,74367,276-89,275118,94640,901-19,03631,528-35,376-24,50112,34056,393
Creditors-59,55852,190-11,075-4,14134,90516,261-40,2761,385-53,5697,18722,92423,0765,44032,34930,620
Accruals and Deferred Income281,76344,950-6,135-143,10551,44410,74734,27872,86099,962
Deferred Taxes & Provisions3,87544,54630,29410,414-18,21845,3823,98913,239-16,027-3,23427,619-1122,094
Cash flow from operations310,136-22,732279,56666,76941,969260,769223,002142,350-16,439-10,85139,354-2,68713,426-1,2195,150
Investing Activities
capital expenditure-90,269-258,962-100,589-74,478-22,363-345,075-116,762-87,852-96,099-2,052-56,691-1,192-9,7811,218-4,939
Change in Investments
cash flow from investments-90,269-258,962-100,589-74,478-22,363-345,075-116,762-87,852-96,099-2,052-56,691-1,192-9,7811,218-4,939
Financing Activities
Bank loans6,00039,455
Group/Directors Accounts-1,421-8,302-98,076107,799
Other Short Term Loans 19,068-26,93418,339-6,95514,294-3,64527,105
Long term loans-45,455-45,454-196,485202,81945,447-25,43750,111-23,45994,731
Hire Purchase and Lease Commitments-16,63770,705-1,450-3,544-4,7412,308-2,87510,302
other long term liabilities-49,179-47,205126,809-30,27912,10018,179
share issue2
interest-11,051-10,691-18,519-17,933-9,601-8,879-7,829-7,567-4,79722101011
cash flow from financing-123,743-40,947-162,653301,66249,444-38,96353,701-24,36986,76012,10218,181101013
cash and cash equivalents
cash96,124-322,64216,323293,95369,034-123,254159,9414,371-20-801845-3,8693,655214
overdraft-1515-25,75825,758
change in cash96,124-322,64216,323293,95369,049-123,269159,94130,129-25,778-801845-3,8693,655214

grinding solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for grinding solutions limited. Get real-time insights into grinding solutions limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Grinding Solutions Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

alfred h knight uk holdings limited 100%

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).

officercountryagestartendrole
Mr Daniel AbrahamEngland44 years Sep 2022- Director
Mrs Samantha AbrahamEngland40 years Sep 2023- Director
Mr Ian Baxter54 years Oct 2024- Director
Mr Andrew KnightEngland33 years Oct 2024- Director
Mr Thomas WalderEngland38 years Oct 2024- Director

P&L

March 2024

turnover

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 2024

net 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

datedescriptionview/download