Garmur Future Abrasives Ltd
- Small
- Active
- 17 years
- 7 employees
- £620,878 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The owners list was changed 3 months ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
Garmur Future Abrasives Ltd, based in Cheltenham, UK, is a small, active company founded sixteen years ago. With seven employees and £620,878 in assets, it’s a well-established player in its sector. The company has three directors and one owner, Beamish Murray Laurence Robert, and operates from a real address at Unit 19 Neptune Business Park. It’s a regular importer of stone, plaster, cement, and similar material products, with 48 months of import activity recorded, the latest in March 2025.
The company’s website highlights its role as a trusted abrasive supplier for various industries, including automotive, engineering, woodworking, and metalworking. Founded in 1973 by Ronald Beamish, Garmur Future Abrasives has evolved into a family-run business, offering quality products and advice. It stocks a comprehensive range of abrasives, offering consignment stocks and technical support to customers. The website also lists major manufacturers it works with, including Mirka, 3M, and Klingspor. It’s clear that the company focuses on building relationships with both suppliers and customers.
Financially, Garmur Future Abrasives Ltd presents a mixed picture. Current assets have decreased by 6.1% to £620,000, while net assets have fallen by 5.1% to £670,000. Cash bank on hand has also dropped by 13% to £210,000. Creditors have increased by 8.4% to £81,000, and trade debtors have fallen by 7.6% to £210,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it benefits from agility, but the decline in equity suggests some financial pressure. No auditor is mentioned, likely due to the company’s exemption as a small entity.
Overall, Garmur Future Abrasives Ltd appears to be a stable, albeit somewhat challenged, business. The company's long-standing relationships with suppliers and its focus on customer service are strengths, but the recent financial trends warrant close attention. It’s a good sign that the company is still active and importing regularly, but managing its debt and maintaining cash flow will be key to its continued success.
Registered in England/Wales under the registration number 06603368, with a registered address at GL51 9FB, Cheltenham, Gloucestershire, Unit 19 Neptune Business Centre, Tewkesbury Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 months
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 17 years
- 1
-
Resident of United Kingdom
-
Individual
- 17 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Change of details for Mr Murray Laurence Robert Beamish as a person with significant control on 2025-03-10Download 2 pages pdf report
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Confirmation statement made on 2025-05-27 with updatesDownload 4 pages pdf report
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Notification of Christy William Hanley Beamish as a person with significant control on 2025-03-10Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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