Gall Engineering Limited

Gall Engineering Limited, based in Inverurie, UK, is a small, family-run business with an active status. Founded ten years ago in 2015, the company employs twenty-one people and holds £2,243,284 in assets. It operates from a real address and is managed by three directors and three owners. The company is a irregular importer and exporter of machinery, boilers, and mechanical appliances; parts, with recent activity recorded in March 2024 for imports and August 2024 for exports. Gall Engineering Limited specializes in the manufacture of other special-purpose machinery, operating within the broader industrial sector.

The company’s website is currently unavailable, so it’s impossible to determine if it engages in e-commerce or offers online sales. The focus appears to be on business-to-business operations rather than direct consumer sales.

Financially, Gall Engineering Limited presents a mixed picture. Cash bank on hand increased significantly by 160% to £1,300,000, indicating improved liquidity. However, net assets also increased by 57% to £2,000,000. Creditors increased by 21% to £1,100,000, and dividends paid on shares increased by 83% to £220,000. 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 flexibility, but the increase in creditors suggests a need for careful debt management. The company’s property, plant, and equipment decreased by 12% to £1,100,000. The company’s average number of employees during the period increased by 19% to 25. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

In conclusion, Gall Engineering Limited seems to be growing, with increased cash reserves and a rising net asset value. However, the increase in creditors and dividends suggests a need for continued financial discipline. The company’s family ownership and focus on specialized machinery indicate a long-term commitment to its niche market.

Registered in Scotland under the registration number SC501671, with a registered address at AB51 0XU, United Kingdom, Inverurie, Southfork, Kintore.

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