G.R.S. (CARE) LIMITED
Company number 04660957 · Monitor this company
Executive summary
G.R.S. (Care) Limited exhibits strong financial growth with net assets quadrupling over four years and a healthy current ratio of 2.19x, supported by the essential-service nature of residential care. However, the subsidiary structure with only £2 in share capital, negligible tangible assets (£23K), and debtors comprising 76% of total assets present significant structural limitations for unsecured lending. A conditional approval is recommended pending receipt of current financial statements, a parent company guarantee from Sunshine Care Topco Limited, and satisfactory debtor quality verification.
Shareholders' funds
£1,330,234
Balance sheet as at 2020-12-31
What it does
The principal activity of the company is the provision of residential care.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-02-10
- Employees
- 100 (2020 accounts · was 102 in 2019)
- Registered office
- Number Three Siskin Drive, Middlemarch Business Park, Coventry, England, CV3 4FJ
- Postcode
- CV3 4FJ
- Capital
- 2 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 5 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-02-09
- Next due by
- 2027-02-23
Nature of business (SIC)
- 87300 Residential care activities for the elderly and disabled
Officers 8 current · 9 resigned
Group structure
Controlled by SWANTON CARE & COMMUNITY LIMITED — since 2019-05-09
From persons-with-significant-control filings on the public register.
Contact details
- Website
- grscare.uk
- Phone
- 01792776238
GRS Care, based in Llanelli, is an assisted living facility that provides special support and encourages sustainable independence. Find out more.
Previous registered addresses 4
| Address | Changed on |
|---|---|
| POPLAR HOUSE TAWE BUSINESS VILLAGE, SWANSEA ENTERPRISE PARK, SWANSEA, SA7 9LA, WALES | 2019-05-15 |
| SUITE A (GROUND FLOOR) MAPLE HOUSE TAWE BUSINESS VILLAGE, SWANSEA ENTERPRISE PARK, SWANSEA, SA7 9LA | 2016-02-29 |
| 591 NEATH ROAD, MORRISTON, SWANSEA, SA6 8EF | 2010-10-19 |
| CARNGLAS CHAMBERS, 95 CARNGLAS ROAD, TYCOCH, SWANSEA SA2 9DH | 2003-03-14 |
Among its peers
Top 25%
by shareholders' funds, of 67 similar companies in CV
Among the biggest employers among its local peers (100 staff).
Among the oldest 25% of its local peers, trading since 2003.
Competitors Coventry
This company ranks 14 among residential care activities for the elderly and disabled in Coventry.
The class of 2003
55%
of the 225 companies in this sector incorporated in 2003 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.