# GRS INSULATION LIMITED (12292953)

> GRS INSULATION LIMITED is an active private limited company (company number 12292953) incorporated on 1 November 2019, registered in Middlesbrough. Its registered activity is other construction installation (SIC 43290). Latest small accounts cover the period ending 30 November 2024, showing net assets of £158k and cash of £13k, with 8 employees on average. Net assets fell 51% on the prior period (£324k).

- Status: Active
- Incorporated: 2019-11-01
- Registered office: Middlesbrough, TS7 0JU
- SIC 43290: Other construction installation
- Next accounts due: 2026-08-30
- Confirmation statement due: 2026-11-15
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 178 comparable companies in Teesside (median £3,495, upper quartile £19k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-11-30 | £158k | £13k | £137k | £231k | — | — | 8 |
| 2023-11-30 | £324k | £33k | £241k | £325k | — | — | 9 |

current ratio 1.8; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £158,357 at 30 November 2024
- Net assets down 25% or more on the prior period: -51.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.8
- Incorporated five or more years ago: Incorporated 1 November 2019
- Accounts past their due date: Due 30 August 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Gary Joseph Finnegan — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2019-11-01
- Mrs Sheila Finnegan — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-10-31

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12292953
HTML: https://firmoscan.com/company/12292953-grs-insulation-limited
