G52 Limited

G52 Ltd from Glasgow UK: a small holding company with an active status, was founded four years ago. Despite this, accounts are overdue by two months, and the company employs fifteen people, holding assets valued at £1,264,802. It has a real address, two directors, and one owner, and operates an e-commerce site, regularly importing furniture, lighting, and prefabricated buildings – the last import was three months ago.

The company's website reveals a more detailed picture. G52 Ltd operates in the sale, maintenance, and repair of motorcycles and related parts and accessories. It’s a private limited company registered in Scotland, and its website showcases a range of motorcycle services, from sales and repairs to custom builds and accessories. It even offers a self-play system integration and disaster recovery for damaged motorcycles.

Financially, G52 Ltd presents a mixed bag. While cash at bank and in hand increased by 42% to £220,000, current assets remained stagnant at £1,300,000. However, net assets increased significantly by 160% to £220,000, and retained earnings also saw a substantial boost. Debtors decreased sharply by 70%, a positive sign, but creditors increased by 14%, reaching £1,700,000. Bank borrowings surged by 120%, hitting £290,000. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the increase in debt raises concerns. The company’s auditor is MHA Moore and Smalley.

The increase in debt, while concerning, could be linked to investments in inventory or expansion efforts. The company’s focus on motorcycles and related services, combined with its e-commerce presence, suggests a targeted approach to the market. It’s a small company, and the increase in debt may be a short-term issue.

Registered in Scotland under the registration number SC682527, with a registered address at G52 4NQ, Scotland, Glasgow, 61 Queen Elizabeth Avenue, Hillington Park.

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