D.G.S. (GRINDING WHEELS & MACHINES) LIMITED
Company number 00896862 · Monitor this company
Executive summary
D.G.S. (Grinding Wheels & Machines) Limited presents a concerning financial trajectory, with net assets declining approximately 77% from their 2021 peak and cash reserves depleted by 93% over the same period. While the company remains solvent and profitable at the operating level, the full reversal of the revaluation reserve in 2025 and significant fixed asset disposals raise material questions about asset quality and the sustainability of the current business model. The relationship with parent company DGS Group Holdings Limited and the nature of intercompany transactions should be a primary focus of any investment due diligence.
Shareholders' funds
£343,511
Balance sheet as at 2025-12-31
What it does
16290
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1967-01-27
- Employees
- 14 (2025 accounts · was 15 in 2024)
- Registered office
- Units 4 And 5 Spring Road Industrial Estate, Lanesfield Drive, Wolverhampton, England, WV4 6UA
- Postcode
- WV4 6UA
- Capital
- 985 GBP
- Accounts category
- Unaudited Abridged
- Charges
- 9 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-07-17
- Next due by
- 2027-07-31
Nature of business (SIC)
- 16290 Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
- 46900 Non-specialised wholesale trade
Officers 5 current · 3 resigned
Among its peers
3rd largest employer
of 9 similar companies in WV, with 14 staff. The oldest of its local peers.
Competitors Wolverhampton
This company ranks 4 among manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials in Wolverhampton.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 1996-04-19
- Where
- West Midlands
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| WM251143 | West Midlands | Leasehold | 1996-04-19 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.