Up until 1935, Grimesthorpe shed code was 25, then changed to 19A by the London, Midland and Scottish Railway.
Grimesthorpe gained the shed code of 41B after transfer to British Railways Eastern Region in 1958.
The shed was built next to Grimesthorpe Junction, close to the site of the former Grimesthorpe Bridge railway station.
Locomotive classes assigned to Grimesthorpe by the London Midland Region in 1952 included: The shed officially closed on 11 September 1961, however it continued to be used to stable diesel locomotives for several years until Tinsley Marshalling Yard and its depot opened.
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