GRACELOFT LIMITED

Company number 01407453 ·

Active

Executive summary

Graceloft Limited presents a highly unusual financial profile for an active domestic construction company: a fortress balance sheet with £8.4M net assets, negligible leverage, and £2.9M in cash, yet operating with only four employees and generating modest returns relative to capital employed. The company's 45-year track record and family ownership provide stability and local market knowledge, but the structure increasingly resembles an asset-holding vehicle rather than a trading developer. The critical strategic question is whether this substantial capital base will be actively deployed into new development opportunities—or whether the current trajectory of portfolio run-off and cash accumulation signals a gradual wind-down toward eventual realization of the family's equity.

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Shareholders' funds

£8,438,005

Balance sheet as at 2026-03-31

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Overview

Company type
Private Limited Company
Incorporated
1979-01-03
Employees
4 (2026 accounts)
Registered office
Lakeside Offices The Old Cattle Market, Coronation Park, Helston, Cornwall, TR13 0SR
Postcode
TR13 0SR
Capital
100 GBP
Accounts category
Total Exemption Full
Charges
1 outstanding

Accounts

Last made up to
2026-03-31
Next due by
2027-12-31
Financial year end
31 March

Confirmation statement

Last statement dated
2025-09-30
Next due by
2026-10-14
View filing history →

Nature of business (SIC)

  • 41202 Construction of domestic buildings

Officers 6 current

Appointed 2013-01-07
Appointed 2013-01-07
Appointed 1991-09-30
COMPANY SECRETARY Appointed 1991-09-30

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Previous registered addresses 3

AddressChanged on
1 WATER-MA-TROUT, HELSTON, CORNWALL, TR13 0LW, UNITED KINGDOM2012-05-21
TREWORLIS LODGE, LOWERTOWN, HELSTON, CORNWALL TR13 OBX2011-08-15
TREROWE, ST JOHNS, HELSTON, CORNWALL TR13 8HU1987-11-20

Among its peers

Top 1%

by shareholders' funds, of 302 similar companies in TR

Among the biggest employers among its local peers (4 staff).

3rd oldest of its local peers, trading since 1979.

No.1 of the largest construction of domestic buildings companies in Truro →

86 companies are registered at this postcode →

Competitors Truro

This company ranks 1 among construction of domestic buildings in Truro.

Full league table →

The class of 1979

49%

of the 8,388 companies incorporated in 1979 are still active today; 43% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 6 titles

Freehold
6
Most recent registration
2004-01-12
Where
Cornwall (6)
Title numberCounty Tenure RegisteredPrice paid
CL165416 Cornwall Freehold 2004-01-12
CL177495 Cornwall Freehold 2001-12-05
CL177243 Cornwall Freehold 2001-11-28
CL176536 Cornwall Freehold 2001-11-08
CL118681 Cornwall Freehold 1999-02-16
CL125691 Cornwall Freehold 1997-09-19

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.

Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.