gri expac limited Company Information
Company Number
10364427
Next Accounts
Sep 2025
Shareholders
graham royle
martin cummings
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
5 acorn business park, woodseats close, sheffield, S8 0TB
Website
http://expac.co.ukgri expac limited Estimated Valuation
Pomanda estimates the enterprise value of GRI EXPAC LIMITED at £14.5m based on a Turnover of £12.5m and 1.15x industry multiple (adjusted for size and gross margin).
gri expac limited Estimated Valuation
Pomanda estimates the enterprise value of GRI EXPAC LIMITED at £0 based on an EBITDA of £-415.1k and a 4.79x industry multiple (adjusted for size and gross margin).
gri expac limited Estimated Valuation
Pomanda estimates the enterprise value of GRI EXPAC LIMITED at £4.4m based on Net Assets of £3.3m and 1.34x industry multiple (adjusted for liquidity).
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Gri Expac Limited Overview
Gri Expac Limited is a live company located in sheffield, S8 0TB with a Companies House number of 10364427. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2016, it's largest shareholder is graham royle with a 56.2% stake. Gri Expac Limited is a young, mid sized company, Pomanda has estimated its turnover at £12.5m with declining growth in recent years.
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Gri Expac Limited Health Check
Pomanda's financial health check has awarded Gri Expac Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
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2 Strong
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3 Regular
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7 Weak
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Size
annual sales of £12.5m, make it smaller than the average company (£18.9m)
£12.5m - Gri Expac Limited
£18.9m - Industry AVG
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Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (10.6%)
-16% - Gri Expac Limited
10.6% - Industry AVG
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Production
with a gross margin of 21.6%, this company has a higher cost of product (36.4%)
21.6% - Gri Expac Limited
36.4% - Industry AVG
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Profitability
an operating margin of -9.3% make it less profitable than the average company (4.5%)
-9.3% - Gri Expac Limited
4.5% - Industry AVG
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Employees
with 94 employees, this is similar to the industry average (104)
94 - Gri Expac Limited
104 - Industry AVG
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Pay Structure
on an average salary of £28.6k, the company has a lower pay structure (£44.7k)
£28.6k - Gri Expac Limited
£44.7k - Industry AVG
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Efficiency
resulting in sales per employee of £133.3k, this is less efficient (£191.4k)
£133.3k - Gri Expac Limited
£191.4k - Industry AVG
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Debtor Days
it gets paid by customers after 44 days, this is near the average (45 days)
44 days - Gri Expac Limited
45 days - Industry AVG
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Creditor Days
its suppliers are paid after 72 days, this is slower than average (44 days)
72 days - Gri Expac Limited
44 days - Industry AVG
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Stock Days
it holds stock equivalent to 75 days, this is more than average (40 days)
75 days - Gri Expac Limited
40 days - Industry AVG
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Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (14 weeks)
10 weeks - Gri Expac Limited
14 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 65.2%, this is a similar level of debt than the average (69.6%)
65.2% - Gri Expac Limited
69.6% - Industry AVG
GRI EXPAC LIMITED financials
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Gri Expac Limited's latest turnover from December 2023 is £12.5 million and the company has net assets of £3.3 million. According to their latest financial statements, Gri Expac Limited has 94 employees and maintains cash reserves of £1 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 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Turnover | 12,531,624 | 17,085,626 | 18,363,738 | 21,015,227 | |||
Other Income Or Grants | 0 | 0 | 0 | 0 | |||
Cost Of Sales | 9,824,655 | 13,386,474 | 13,820,770 | 13,256,397 | |||
Gross Profit | 2,706,969 | 3,699,152 | 4,542,968 | 7,758,830 | |||
Admin Expenses | 3,868,676 | 3,327,854 | 3,733,542 | 2,702,570 | |||
Operating Profit | -1,161,707 | 371,298 | 809,426 | 5,056,260 | |||
Interest Payable | 100,533 | 51,473 | 35,041 | 173,807 | |||
Interest Receivable | 0 | 47 | 0 | 0 | |||
Pre-Tax Profit | -1,262,240 | 319,872 | 774,385 | 4,882,453 | |||
Tax | 58,757 | -111,869 | -238,459 | -735,416 | |||
Profit After Tax | -1,203,483 | 208,003 | 535,926 | 4,147,037 | |||
Dividends Paid | 36,000 | 500,000 | 0 | 200,000 | |||
Retained Profit | -1,239,483 | -291,997 | 535,926 | 3,947,037 | |||
Employee Costs | 2,692,406 | 3,354,546 | 3,198,460 | 2,188,957 | |||
Number Of Employees | 94 | 114 | 116 | 79 | |||
EBITDA* | -415,131 | 975,593 | 1,568,148 | 5,668,801 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 3,345,906 | 3,281,990 | 2,860,824 | 2,303,676 | 0 | 0 | 0 |
Intangible Assets | 1,210,964 | 1,535,764 | 1,860,564 | 2,185,364 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 3,929,997 | 3,012,000 | 3,012,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,556,870 | 4,817,754 | 4,721,388 | 4,489,040 | 3,929,997 | 3,012,000 | 3,012,000 |
Stock & work in progress | 2,023,881 | 2,227,829 | 2,240,704 | 1,779,836 | 0 | 0 | 0 |
Trade Debtors | 1,511,064 | 2,704,406 | 3,039,769 | 2,391,284 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 251,391 | 235,894 | 233,798 | 228,858 | 82,100 | 82,100 | 82,100 |
Cash | 1,016,086 | 2,430,669 | 1,516,934 | 1,821,198 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,802,422 | 7,598,798 | 7,031,205 | 6,221,176 | 82,100 | 82,100 | 82,100 |
total assets | 9,359,292 | 12,416,552 | 11,752,593 | 10,710,216 | 4,012,097 | 3,094,100 | 3,094,100 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,962,807 | 1,920,282 | 1,809,927 | 2,655,543 | 0 | 0 | 0 |
Group/Directors Accounts | 1,387,809 | 1,331,648 | 1,294,601 | 1,265,415 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 123,449 | 117,449 | 150,926 | 81,758 | 0 | 0 | 0 |
other current liabilities | 1,617,274 | 3,532,638 | 2,752,853 | 2,022,459 | 4,363,887 | 3,299,000 | 3,160,000 |
total current liabilities | 5,091,339 | 6,902,017 | 6,008,307 | 6,025,175 | 4,363,887 | 3,299,000 | 3,160,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 272,173 | 295,272 | 355,031 | 112,712 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 739,000 | 723,000 | 601,000 | 320,000 | 0 | 0 | 0 |
total long term liabilities | 1,011,173 | 1,018,272 | 956,031 | 432,712 | 0 | 0 | 0 |
total liabilities | 6,102,512 | 7,920,289 | 6,964,338 | 6,457,887 | 4,363,887 | 3,299,000 | 3,160,000 |
net assets | 3,256,780 | 4,496,263 | 4,788,255 | 4,252,329 | -351,790 | -204,900 | -65,900 |
total shareholders funds | 3,256,780 | 4,496,263 | 4,788,255 | 4,252,329 | -351,790 | -204,900 | -65,900 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | -1,161,707 | 371,298 | 809,426 | 5,056,260 | |||
Depreciation | 421,776 | 279,495 | 433,922 | 287,741 | 0 | 0 | 0 |
Amortisation | 324,800 | 324,800 | 324,800 | 324,800 | 0 | 0 | 0 |
Tax | 58,757 | -111,869 | -238,459 | -735,416 | |||
Stock | -203,948 | -12,875 | 460,868 | 1,779,836 | 0 | 0 | 0 |
Debtors | -1,177,845 | -333,267 | 653,425 | 2,538,042 | 0 | 0 | 82,100 |
Creditors | 42,525 | 110,355 | -845,616 | 2,655,543 | 0 | 0 | 0 |
Accruals and Deferred Income | -1,915,364 | 779,785 | 730,394 | -2,341,428 | 1,064,887 | 139,000 | 3,160,000 |
Deferred Taxes & Provisions | 16,000 | 122,000 | 281,000 | 320,000 | 0 | 0 | 0 |
Cash flow from operations | -831,420 | 2,222,006 | 381,174 | 1,249,622 | |||
Investing Activities | |||||||
capital expenditure | 0 | 0 | 0 | 0 | |||
Change in Investments | 0 | 0 | 0 | -3,929,997 | 917,997 | 0 | 3,012,000 |
cash flow from investments | 0 | 0 | 0 | 3,929,997 | |||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 56,161 | 37,047 | 29,186 | 1,265,415 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -17,099 | -93,236 | 311,487 | 194,470 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | -100,533 | -51,426 | -35,041 | -173,807 | |||
cash flow from financing | -61,471 | -107,610 | 305,632 | 1,943,160 | |||
cash and cash equivalents | |||||||
cash | -1,414,583 | 913,735 | -304,264 | 1,821,198 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,414,583 | 913,735 | -304,264 | 1,821,198 | 0 | 0 | 0 |
gri expac limited Credit Report and Business Information
Gri Expac Limited Competitor Analysis
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Perform a competitor analysis for gri expac limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in S 8 area or any other competitors across 12 key performance metrics.
gri expac limited Ownership
GRI EXPAC LIMITED group structure
Gri Expac Limited has 2 subsidiary companies.
Ultimate parent company
GRI EXPAC LIMITED
10364427
2 subsidiaries
gri expac limited directors
Gri Expac Limited currently has 5 directors. The longest serving directors include Mr David Kearns (Sep 2016) and Miss Nicola Royle (Sep 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Kearns | 56 years | Sep 2016 | - | Director | |
Miss Nicola Royle | England | 34 years | Sep 2016 | - | Director |
Mrs Susan Royle | England | 63 years | Sep 2016 | - | Director |
Mr Daniel Royle | England | 32 years | Sep 2016 | - | Director |
Mr Graham Royle | 65 years | Sep 2016 | - | Director |
P&L
December 2023turnover
12.5m
-27%
operating profit
-1.2m
-413%
gross margin
21.7%
-0.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.3m
-0.28%
total assets
9.4m
-0.25%
cash
1m
-0.58%
net assets
Total assets minus all liabilities
gri expac limited company details
company number
10364427
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BHP LLP
address
5 acorn business park, woodseats close, sheffield, S8 0TB
Bank
-
Legal Advisor
-
gri expac 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 did not find charges/mortgages relating to gri expac limited.
gri expac 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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gri expac limited Companies House Filings - See Documents
date | description | view/download |
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