Gama Plus Limited

Gama Plus Ltd, a large company based in London, UK, has been operating for 17 years and employs 18 people. With assets totaling £5,533,941 and a yearly revenue of £15,597,722, it's a significant player in the food wholesale industry. The company, led by three directors and one owner, maintains a real address and boasts a strong 4.0 Google rating from 31 reviews. It's a regular importer of dairy, eggs, honey, and edible animal products, with 172 months of import activity recorded, and occasionally exports sugars and sweets.

The company’s website, Gama UK, positions itself as a supplier of Mediterranean and ethnic food and drink, catering to a range of customers from major supermarkets to local businesses. It highlights its role as a fast supplier and emphasizes family ownership, with a history dating back to 1991. The website also showcases a separate division, 1066 Pianos, specializing in high-end piano restoration—a surprising diversification from the core food wholesale business.

Financially, Gama Plus Ltd presents a mixed picture. While turnover remained stable, administrative expenses increased by 9.6%, and bank borrowings surged by 61%, reaching £160,000. Cash bank on hand declined by 28%, falling to £550,000. However, creditors decreased by 19%, suggesting improved debt management. The company meets the criteria to be considered large, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The lack of a mentioned auditor is likely due to the company's size and exemption from mandatory audits.

The trends suggest that while Gama Plus Ltd maintains a strong market position and a diverse range of activities, it's facing increased costs and potentially tighter cash flow. The expansion into piano restoration, while potentially lucrative, could also be straining resources. It's a company with a long history and a broad reach, but its future success will depend on managing these financial pressures and leveraging its diverse business lines.

Registered in England/Wales under the registration number 06543653, with a registered address at N9 0BJ, London, Unit F Horizon Business Centre, 84 Goodwin Road, Edmonton.

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