grs international limited
grs international limited Company Information
Company Number
12009606
Website
globalregulatoryservices.comRegistered Address
the pinnacle, 170 midsummer boulevard, milton keynes, buckinghamshire, MK9 1BP
Industry
Activities of insurance agents and brokers
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
global risk solutions inc 100%
grs international limited Estimated Valuation
Pomanda estimates the enterprise value of GRS INTERNATIONAL LIMITED at £3.8m based on a Turnover of £2.5m and 1.49x industry multiple (adjusted for size and gross margin).
grs international limited Estimated Valuation
Pomanda estimates the enterprise value of GRS INTERNATIONAL LIMITED at £639.6k based on an EBITDA of £107.1k and a 5.97x industry multiple (adjusted for size and gross margin).
grs international limited Estimated Valuation
Pomanda estimates the enterprise value of GRS INTERNATIONAL LIMITED at £0 based on Net Assets of £-2.6m and 2.76x industry multiple (adjusted for liquidity).
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Grs International Limited Overview
Grs International Limited is a live company located in milton keynes, MK9 1BP with a Companies House number of 12009606. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in May 2019, it's largest shareholder is global risk solutions inc with a 100% stake. Grs International Limited is a young, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.
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Grs International Limited Health Check
Pomanda's financial health check has awarded Grs International Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
3 Weak
Size
annual sales of £2.5m, make it in line with the average company (£3.1m)
- Grs International Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 122%, show it is growing at a faster rate (7.3%)
- Grs International Limited
7.3% - Industry AVG
Production
with a gross margin of 94.6%, this company has a comparable cost of product (94.6%)
- Grs International Limited
94.6% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (18.2%)
- Grs International Limited
18.2% - Industry AVG
Employees
with 22 employees, this is similar to the industry average (19)
22 - Grs International Limited
19 - Industry AVG
Pay Structure
on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)
- Grs International Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £115k, this is equally as efficient (£126.4k)
- Grs International Limited
£126.4k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is near the average (70 days)
- Grs International Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 809 days, this is slower than average (132 days)
- Grs International Limited
132 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grs International Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (33 weeks)
3 weeks - Grs International Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 156.7%, this is a higher level of debt than the average (58.1%)
156.7% - Grs International Limited
58.1% - Industry AVG
GRS INTERNATIONAL LIMITED financials
Grs International Limited's latest turnover from December 2023 is estimated at £2.5 million and the company has net assets of -£2.6 million. According to their latest financial statements, Grs International Limited has 22 employees and maintains cash reserves of £74.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| 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 | 22 | 19 | 14 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 319 | 575 | 830 | 214 | 214 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 423,629 | 208,785 | 96,855 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 423,948 | 209,360 | 97,685 | 214 | 214 |
| Stock & work in progress | 0 | 0 | 0 | 30,178 | 0 |
| Trade Debtors | 533,705 | 1,701,698 | 1,042,454 | 24,972 | 42,862 |
| Group Debtors | 2,222,727 | 1,219,752 | 389,219 | 0 | 0 |
| Misc Debtors | 1,356,026 | 46,821 | 53,693 | 0 | 0 |
| Cash | 74,309 | 60,130 | 24,814 | 29,644 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,186,767 | 3,028,401 | 1,510,180 | 84,794 | 42,862 |
| total assets | 4,610,715 | 3,237,761 | 1,607,865 | 85,008 | 43,076 |
| Bank overdraft | 10,012 | 9,765 | 9,524 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 302,796 | 105,502 | 46,716 | 6,981 | 0 |
| Group/Directors Accounts | 423,629 | 208,785 | 96,855 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 455,452 | 436,920 | 198,626 | 0 | 0 |
| total current liabilities | 1,191,889 | 760,972 | 351,721 | 6,981 | 0 |
| loans | 6,032,701 | 4,612,759 | 2,347,393 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 184 |
| other liabilities | 0 | 0 | 0 | 335,313 | 130,376 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,032,701 | 4,612,759 | 2,347,393 | 335,313 | 130,560 |
| total liabilities | 7,224,590 | 5,373,731 | 2,699,114 | 342,294 | 130,560 |
| net assets | -2,613,875 | -2,135,970 | -1,091,249 | -257,286 | -87,484 |
| total shareholders funds | -2,613,875 | -2,135,970 | -1,091,249 | -257,286 | -87,484 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,807 | 12,664 | 192 | ||
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | -30,178 | 30,178 | 0 |
| Debtors | 1,144,187 | 1,482,905 | 1,460,394 | -17,890 | 42,862 |
| Creditors | 197,294 | 58,786 | 39,735 | 6,981 | 0 |
| Accruals and Deferred Income | 18,532 | 238,294 | 198,626 | -184 | 184 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 214,844 | 111,930 | 96,855 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 214,844 | 111,930 | 96,855 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,419,942 | 2,265,366 | 2,347,393 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -335,313 | 204,937 | 130,376 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 14,179 | 35,316 | -4,830 | 29,644 | 0 |
| overdraft | 247 | 241 | 9,524 | 0 | 0 |
| change in cash | 13,932 | 35,075 | -14,354 | 29,644 | 0 |
grs international limited Credit Report and Business Information
Grs International Limited Competitor Analysis
Perform a competitor analysis for grs international limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in MK9 area or any other competitors across 12 key performance metrics.
grs international limited Ownership
GRS INTERNATIONAL LIMITED group structure
Grs International Limited has 1 subsidiary company.
Ultimate parent company
GLOBAL RISK SOLUTIONS INC
#0126214
1 parent
GRS INTERNATIONAL LIMITED
12009606
1 subsidiary
grs international limited directors
Grs International Limited currently has 7 directors. The longest serving directors include Mr Charles Gosser (May 2019) and Mr Vincent Levito (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Gosser | England | 61 years | May 2019 | - | Director |
| Mr Vincent Levito | England | 59 years | May 2019 | - | Director |
| Mr Michael Reeves | England | 72 years | May 2019 | - | Director |
| Mr Michael Reeves | 72 years | May 2019 | - | Director | |
| Mr Arthur Radigan | England | 65 years | May 2019 | - | Director |
| Mr Adam Humphrey | England | 50 years | Apr 2021 | - | Director |
| Mr Richard Johnson | England | 55 years | Apr 2021 | - | Director |
P&L
December 2023turnover
2.5m
-39%
operating profit
105.3k
0%
gross margin
94.7%
+1.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2.6m
+0.22%
total assets
4.6m
+0.42%
cash
74.3k
+0.24%
net assets
Total assets minus all liabilities
grs international limited company details
company number
12009606
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
May 2019
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
grs-uk limited (June 2021)
accountant
PHIPPS HENSON MCALLISTER
auditor
-
address
the pinnacle, 170 midsummer boulevard, milton keynes, buckinghamshire, MK9 1BP
Bank
-
Legal Advisor
-
grs international 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 grs international limited.
grs international limited Companies House Filings - See Documents
| date | description | view/download |
|---|
