GRACELANDS LIMITED
Company number 01343317 · Monitor this company
Executive summary
Gracelands Limited is a long-established civil engineering contractor with a strong balance sheet (£10.1M net assets, £6.3M cash) but extremely thin profitability (0.26% net margin on £43.1M turnover). The auditor has issued an emphasis of matter regarding going concern, noting dependency on anticipated cash receipts, while the company faces significant sector headwinds from a slowing housing market and political uncertainty. A conditional credit approach is warranted, with facilities secured against assets and structured with covenants on profitability, gearing, and cash collection, supported by a group guarantee from parent Changeregard Limited.
Shareholders' funds
£10,080,536
Balance sheet as at 2025-04-30
What it does
The principal activity of the company continued to be that of groundworks and civil engineering contractors.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1977-12-09
- Employees
- 112 (2025 accounts · was 123 in 2024)
- Registered office
- Stag Gates House, 63/64 The Avenue, Southampton, SO17 1XS
- Postcode
- SO17 1XS
- Capital
- 22,500 GBP
- Accounts category
- Full
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2025-04-30
- Next due by
- 2027-01-31
- Financial year end
- 30 April
Confirmation statement
- Last statement dated
- 2026-10-05
- Next due by
- 2027-10-19
Nature of business (SIC)
- 42990 Construction of other civil engineering projects not elsewhere classified
Officers 7 current · 17 resigned
Group structure
Controlled by CHANGEREGARD LIMITED — since 2016-07-01
From persons-with-significant-control filings on the public register.
Previous registered addresses 3
| Address | Changed on |
|---|---|
| ACCOUNTING INNOVATIONS LIMITED, WESSEX HOUSE UPPER MARKET STREET, EASTLEIGH, HAMPSHIRE, SO50 9FD | 2008-09-23 |
| UNIT 3,QUEENSWAY,, STEM LANE INDUSTRIAL ESTATE,, NEW MILTON,, HAMPSHIRE BH25 5NN | 2007-05-08 |
| 50 MILFORD ROAD, PENNINGTON, LYMINGTON, HANTS | 1987-07-06 |
Among its peers
Top 1%
by shareholders' funds, of 104 similar companies in SO
The largest employer among its local peers (112 staff).
Among the oldest 25% of its local peers, trading since 1977.
Competitors Southampton
This company ranks 1 among construction of other civil engineering projects not elsewhere classified in Southampton.
The class of 1977
51%
of the 7,314 companies incorporated in 1977 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.
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.