griggs (office) limited
griggs (office) limited Company Information
Company Number
11928073
Next Accounts
Jan 2026
Shareholders
evpk limited
brixton bond limited
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
the grain yard 5 little hays, borehamwood, herts, WD6 4DG
Website
-griggs (office) limited Estimated Valuation
Pomanda estimates the enterprise value of GRIGGS (OFFICE) LIMITED at £183.9k based on a Turnover of £379.7k and 0.48x industry multiple (adjusted for size and gross margin).
griggs (office) limited Estimated Valuation
Pomanda estimates the enterprise value of GRIGGS (OFFICE) LIMITED at £649.4k based on an EBITDA of £169.6k and a 3.83x industry multiple (adjusted for size and gross margin).
griggs (office) limited Estimated Valuation
Pomanda estimates the enterprise value of GRIGGS (OFFICE) LIMITED at £3.3m based on Net Assets of £2.3m and 1.41x industry multiple (adjusted for liquidity).
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Griggs (office) Limited Overview
Griggs (office) Limited is a live company located in herts, WD6 4DG with a Companies House number of 11928073. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2019, it's largest shareholder is evpk limited with a 33.3% stake. Griggs (office) Limited is a young, micro sized company, Pomanda has estimated its turnover at £379.7k with declining growth in recent years.
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Griggs (office) Limited Health Check
Pomanda's financial health check has awarded Griggs (Office) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £379.7k, make it smaller than the average company (£2.2m)
- Griggs (office) Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (6.8%)
- Griggs (office) Limited
6.8% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Griggs (office) Limited
26.6% - Industry AVG
Profitability
an operating margin of 43.6% make it more profitable than the average company (7.4%)
- Griggs (office) Limited
7.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Griggs (office) Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Griggs (office) Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £126.6k, this is less efficient (£268.6k)
- Griggs (office) Limited
£268.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Griggs (office) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (33 days)
- Griggs (office) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Griggs (office) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (11 weeks)
2 weeks - Griggs (office) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.1%, this is a lower level of debt than the average (72.6%)
65.1% - Griggs (office) Limited
72.6% - Industry AVG
GRIGGS (OFFICE) LIMITED financials
Griggs (Office) Limited's latest turnover from April 2024 is estimated at £379.7 thousand and the company has net assets of £2.3 million. According to their latest financial statements, Griggs (Office) Limited has 3 employees and maintains cash reserves of £117.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 11,724 | 8,533 | 3,794 | ||
| Intangible Assets | |||||
| Investments & Other | 6,500,000 | 6,500,000 | 4,672,960 | ||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 6,511,724 | 6,508,533 | 4,676,754 | ||
| Stock & work in progress | 6,126,362 | 1,876,381 | |||
| Trade Debtors | 222,295 | ||||
| Group Debtors | |||||
| Misc Debtors | 6,536 | 167,952 | 204,917 | 135,930 | 3,259 |
| Cash | 117,293 | 4,771 | 40,598 | 200,813 | 171,297 |
| misc current assets | |||||
| total current assets | 123,829 | 395,018 | 245,515 | 6,463,105 | 2,050,937 |
| total assets | 6,635,553 | 6,903,551 | 4,922,269 | 6,463,105 | 2,050,937 |
| Bank overdraft | 1,344,574 | 1,360,794 | 1,348,709 | ||
| Bank loan | |||||
| Trade Creditors | 10,541 | 25,073 | 167,762 | 288,422 | 50,732 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 982,527 | 1,100,647 | 855,018 | 6,174,584 | 106 |
| total current liabilities | 2,337,642 | 2,486,514 | 2,371,489 | 6,463,006 | 50,838 |
| loans | 1,327,977 | 1,348,952 | 1,372,000 | ||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 2,000,000 | ||||
| provisions | 653,451 | 617,769 | 122,367 | ||
| total long term liabilities | 1,981,428 | 1,966,721 | 1,494,367 | 2,000,000 | |
| total liabilities | 4,319,070 | 4,453,235 | 3,865,856 | 6,463,006 | 2,050,838 |
| net assets | 2,316,483 | 2,450,316 | 1,056,413 | 99 | 99 |
| total shareholders funds | 2,316,483 | 2,450,316 | 1,056,413 | 99 | 99 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,908 | ||||
| Amortisation | |||||
| Tax | |||||
| Stock | -6,126,362 | 4,249,981 | 1,876,381 | ||
| Debtors | -383,711 | 185,330 | 68,987 | 132,671 | 3,259 |
| Creditors | -14,532 | -142,689 | -120,660 | 237,690 | 50,732 |
| Accruals and Deferred Income | -118,120 | 245,629 | -5,319,566 | 6,174,478 | 106 |
| Deferred Taxes & Provisions | 35,682 | 495,402 | 122,367 | ||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 1,827,040 | 4,672,960 | |||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | -20,975 | -23,048 | 1,372,000 | ||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -2,000,000 | 2,000,000 | |||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 112,522 | -35,827 | -160,215 | 29,516 | 171,297 |
| overdraft | -16,220 | 12,085 | 1,348,709 | ||
| change in cash | 128,742 | -47,912 | -1,508,924 | 29,516 | 171,297 |
griggs (office) limited Credit Report and Business Information
Griggs (office) Limited Competitor Analysis
Perform a competitor analysis for griggs (office) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.
griggs (office) limited Ownership
GRIGGS (OFFICE) LIMITED group structure
Griggs (Office) Limited has no subsidiary companies.
Ultimate parent company
GRIGGS (OFFICE) LIMITED
11928073
griggs (office) limited directors
Griggs (Office) Limited currently has 4 directors. The longest serving directors include Mr James Craig (Apr 2019) and Mr Christopher Griggs (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Craig | United Kingdom | 42 years | Apr 2019 | - | Director |
| Mr Christopher Griggs | United Kingdom | 43 years | Apr 2019 | - | Director |
| Mr Christopher Griggs | England | 43 years | Apr 2019 | - | Director |
| Mr Ross Griggs | England | 41 years | Apr 2019 | - | Director |
P&L
April 2024turnover
379.7k
-71%
operating profit
165.7k
0%
gross margin
26.7%
+0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.3m
-0.05%
total assets
6.6m
-0.04%
cash
117.3k
+23.58%
net assets
Total assets minus all liabilities
griggs (office) limited company details
company number
11928073
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
TC GROUP
auditor
-
address
the grain yard 5 little hays, borehamwood, herts, WD6 4DG
Bank
-
Legal Advisor
-
griggs (office) 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 5 charges/mortgages relating to griggs (office) limited. Currently there are 1 open charges and 4 have been satisfied in the past.
griggs (office) 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 GRIGGS (OFFICE) LIMITED. This can take several minutes, an email will notify you when this has completed.
griggs (office) limited Companies House Filings - See Documents
| date | description | view/download |
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