G-tec Paper & Film Limited

G-Tec Paper & Film Limited is a small, holding company based in Portsmouth, UK, with an active status. Founded nine years ago in May 04, 2016, it employs just two people and operates from a real address at Unit 9 Northarbour Road. The company is led by one director and one owner, and it's a irregular importer, with its top import category being Plastics and plastic products, totaling 1 months of imports. The last import operation was conducted on August 01, 2018. The company operates in the other manufacturing n.e.c. industries.

The company’s website is non-existent, so it’s hard to determine if it’s involved in e-commerce or focuses on business-to-business sales. Without a website, it’s difficult to gauge its online presence or marketing strategies.

Financially, G-Tec Paper & Film Limited’s recent report paints a concerning picture. Accumulated amortisation impairment intangible assets has decreased by 100%, and the same is true for accumulated depreciation impairment property plant equipment. Bank borrowings have vanished, and the company’s cash reserves have also disappeared. Debtor’s have also dropped significantly. The company’s net assets have plummeted to just £1, a sharp decline from previous years. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the dramatic equity drop raises serious questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s reliance on a single owner and director, combined with the lack of employees, suggests a lean operation—but the financial data indicates a company struggling to maintain its financial footing. It’s possible the company is facing challenges in its import activities or experiencing difficulties in managing its cash flow. The sudden drop in assets and the disappearance of cash reserves are particularly worrying signs.

Registered in England/Wales under the registration number 10161761, with a registered address at PO6 3TJ, England, Portsmouth, Unit 9 Northarbour Road.

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