Gammax Independent Inspection Services Limited

Gammax Independent Inspection Services Ltd from Bury St. Edmunds, UK, is a small, active company established 29 years ago. With six employees and £83,359 in assets, it’s a family business led by three directors and two owners. The company operates in the research and experimental development sector, and is an irregular importer, with its top import category being Optical and medical tools and devices, totaling 1 months of imports. The last import operation was conducted on April 01, 2021.

The company’s website is not available for review, so it is difficult to determine if they are doing ecommerce.

Financially, Gammax Independent Inspection Services Ltd shows some concerning trends. Current assets have fallen by a significant 45%, dropping to £83,000. Bank borrowings have decreased by 14%, reaching £33,000, and cash reserves have plummeted 99%, leaving just £520. While creditors decreased by 17%, the large drop in cash and assets suggests the company is facing financial pressure. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company is exempt from an audit, so the figures rely on unaudited statements.

The decrease in average employees reported is also notable, dropping 17% to five. It’s possible this is a temporary adjustment, or perhaps a reflection of the company’s current financial situation. Overall, Gammax Independent Inspection Services Ltd seems to be facing some headwinds, though its family-run structure and niche expertise may help it weather the storm.

Registered in England/Wales under the registration number 03073959, with a registered address at IP33 2RW, England, Bury St. Edmunds, Suffolk, Units 12 - 13 Oaklands Business Park.

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