Galt Transport Limited

Galt Transport Limited is a large, active company founded 37 years ago in 1988. Based in Dumbarton, Scotland, it employs 53 people and holds £3,482,763 in assets, generating £6,782,536 in yearly revenue. With four directors and one owner, the company operates from a real address and is a irregular importer, specializing in electrical machinery and equipment, with its last import operation made one month ago.

The company’s website highlights its versatility as a haulage provider, specializing in hiab hire, abnormal loads, container handling, and industrial storage. It regularly serves Glasgow, Edinburgh, and beyond, catering to both general and specialist transport needs, including ADR class 19 and STGO categories. The website also showcases its involvement in unique projects, such as delivering a sculpture to Edinburgh and moving a historic vessel, demonstrating its ability to handle diverse and complex logistics challenges.

Financially, Galt Transport Limited’s recent performance reveals some concerning trends. Current assets have decreased by 29%, falling to £3,500,000, while net assets have decreased by 6.7% to £7,400,000. Bank borrowings have increased by 160%, reaching £30,000, and cash reserves have fallen 40% to £2,300,000. Creditors have increased by 27%, suggesting a need to manage debt. Despite these challenges, the company's turnover remained relatively stable, indicating continued demand for its services. The lack of an auditor mentioned suggests the company is exempt from a full audit.

It appears Galt Transport Limited is navigating a period of financial pressure, potentially linked to increased costs or delayed payments. However, its established reputation, diverse service offerings, and commitment to specialized transport suggest it has the potential to weather the storm and continue serving its clients.

Registered in Scotland under the registration number SC109864, with a registered address at G82 2RB, Bankend Road, Dumbarton.

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