Grimshaw Kinnear Limited

Grimshaw Kinnear Ltd from Cheltenham, UK, is a small, family-run business with an active status. Established 77 years ago in 1947, the company employs 11 people and holds assets valued at £109,880. It operates from a real address and is overseen by five directors and two owners. Boasting a perfect 5.0 Google rating based on four reviews, Grimshaw Kinnear Ltd has built a strong reputation within its community.

The company specializes in civil engineering and sports surfaces construction, offering a range of services from road and car park construction to tennis court building and maintenance. They also operate a sports equipment shop and provide external works maintenance, including sweeping, pressure cleaning, and line painting. The website highlights the company's history, dating back to the 1930s, and emphasizes its commitment to quality and long-term customer relationships. They’re proud of their work and even won awards.

Financially, Grimshaw Kinnear Ltd’s report reveals some interesting trends. Current assets decreased by 19%, falling to £110,000, while net assets dropped 13%, settling at £210,000. Bank borrowings increased significantly, rising by 190% to £41,000, and cash reserves decreased by 62%, leaving just £3. Trade debtors saw a massive drop, falling by 86%, which could indicate a shift in payment terms or a reduction in sales. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible, but the decrease in equity suggests a need for careful financial management. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Grimshaw Kinnear Ltd appears to be a well-established business facing some financial pressures, but its strong reputation and commitment to quality position it well for the future.

Registered in England/Wales under the registration number 00438842, with a registered address at GL51 9AL, Cheltenham, St Peters Works, Tewkesbury Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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