Gp Distribution Ltd

Gp Distribution Ltd is a small, active company based in Bedford, UK, founded two years ago in October 2022. It’s a solo venture, run by a single director and owner, Pascarella Gianluca, and employs just one person. The company holds £22,491 in assets and operates from a real address at 82 Garfield Street, MK41 7RY. It specializes in the retail sale via mail order houses or via internet, focusing on plastic pipes and fittings for plumbing, irrigation, and drainage systems. The company’s website, Gp Distributors USA, showcases a wide range of PVC and HDPE pipes, along with essential fittings and accessories, and serves customers across Texas and neighboring states.

Gp Distributors USA positions itself as a specialist in wholesale plastic pipes, offering a comprehensive selection, expert customer support, and reliable supply chain management. The website highlights the company’s commitment to quality, service, and competitive pricing, with a focus on delivering value and innovation. It also boasts access to over ten manufacturing facilities in Mexico, ensuring a consistent supply of high-quality materials. The company’s focus is on serving the plumbing, irrigation, and drainage industries, with a strong emphasis on customer satisfaction.

Financially, Gp Distribution Ltd presents a mixed picture. While bank borrowings increased significantly by 1700%, reaching £8,400, cash reserves jumped by a remarkable 1700%, settling at £7,700. Creditors also increased by 170%, reaching £22,000, while total assets decreased by 18% to £76,000. It’s worth noting that net current assets liabilities also decreased by 18% to £76,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity suggests potential financial pressure. The unaudited figures, prepared by Edwards and associates, rely on director-reported data.

The company’s growth in bank borrowings and increase in creditors suggests it may be investing in inventory—the total inventories increased by 85% to £15,000—to meet growing demand. However, the decrease in equity and the reliance on external financing raise questions about its long-term sustainability. It seems the company is burning through cash, but it’s also working to grow its business.

Registered in England/Wales under the registration number 14392253, with a registered address at MK41 7RY, England, Bedford, 82 Garfield Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.