Gabitie Group Limited

Gabitie Group Ltd, based in Wolverhampton, UK, is a small, active company founded 13 years ago. With seven employees and £651,030 in assets, it generates around £371,495 in yearly revenue. The company, managed by one director and owner, boasts a perfect 5.0 Google rating from eight reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, with recent import activity recorded five months ago.

The company's website reveals a diverse range of operations. Gabitie Group positions itself as a partner in fabrication and engineering, while Gabitie Structures specializes in steel buildings—garages, workshops, and shelters—promising durability and craftsmanship. Gabitie Fabrications offers custom fabrication and onsite maintenance, and Gabitie Products sells a wide array of goods, from homeware to building materials. Notably, Abco Engineering Hydraulics, part of the group, manufactures hydraulic equipment for over 50 years.

Financially, Gabitie Group Ltd shows a mixed picture. Current assets increased by 40% to £650,000, while turnover grew by 11% to £370,000. However, net losses deepened from -£47,000 to -£42,000. Bank borrowings surged by 66% to £360,000, and cash reserves increased by 230% to £260,000. Creditors also increased by 30% to £770,000. 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 increase in borrowing suggests a need for careful financial management. There was no auditor mentioned, likely due to its status as a small company.

The company's diverse operations—from steel fabrication to hydraulic equipment—and its growing revenue are encouraging signs. However, the increase in borrowing and the ongoing losses indicate that Gabitie Group Ltd is facing financial pressures and needs to carefully manage its expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 07909806, with a registered address at WV2 2RL, England, Wolverhampton, Unit 44 Central Industrial Estate, Cable Street.

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