GRR SERVICES LTD

Executive Summary

GRR Services Ltd is a small, active private company showing improving financial health with enhanced liquidity and net assets. The company maintains good compliance with filing obligations and stable management under a single director. However, limited scale, concentration risk, and absence of PSC disclosures warrant further examination to fully assess operational sustainability and ownership transparency.

GRR SERVICES LTD - Analysis Report

Company Number: SC668923

Analysis Date: 2025-07-29 20:08 UTC

1. Risk Rating: LOW
   GRR Services Ltd demonstrates improving net assets and working capital over recent years, indicating sound solvency. The company is current with statutory filings and operates as a micro-entity with minimal complexity, reducing regulatory and operational risk.

2. Key Concerns:

• Limited Scale and Capital: With only £1 share capital and one employee (the director), the business scale is minimal, which may limit operational resilience and growth potential.
• Industry Concentration: Operating in a niche construction-related SIC code (43999) may expose the company to sector-specific volatility or client concentration risk.
• Lack of PSC Transparency: No persons with significant control are listed, which could merit clarification to confirm ownership and control structure transparency.

3. Positive Indicators:

• Improved Financial Position: Net assets increased from £481 in 2023 to £10,103 in 2024, with net current assets rising from £481 to £8,823, suggesting stronger liquidity and solvency.
• No Overdue Filings: Both accounts and confirmation statements are up to date, reflecting good compliance and governance practices.
• Consistent Director and Stability: The sole director has been in place since incorporation, with no adverse records, indicating stable management.

4. Due Diligence Notes:

• Further Review of Cashflow and Profitability: Given the micro-entity status and limited accounts detail, assess cash flow statements and profitability trends to confirm operational sustainability.
• Confirm Ownership and Control: Investigate absence of PSC filings to ensure full transparency on beneficial ownership.
• Evaluate Business Model and Client Base: Understand reliance on single or few contracts and the nature of construction activities to assess operational risks.