Gate Software Limited

Gate Software Limited is a small, active company from Wokingham, UK, established twenty years ago in 2004. It holds £1,143,869 in assets and operates from a real address, managed by two directors and two owners. The company's core business revolves around retail sales via mail order houses or via the internet, as evidenced by its website, GateSoftware.

The website showcases a comprehensive suite of e-commerce services, specializing in Magento, Pimcore, and Akeneo PIM implementations. It offers services like UX audits, security assessments, and integration solutions, catering to a global clientele. Case studies highlight successful projects for clients like Libet, YES, and AlmiDecor, demonstrating expertise in e-commerce development and maintenance. The site emphasizes a partnership approach, offering a range of services from initial consultation to ongoing support and marketing. They even boast a team of specialists and claim to achieve increased conversion rates for their clients.

Financially, Gate Software Limited presents a mixed picture. While cash bank on hand increased by a healthy 25% to £870,000, trade debtors decreased significantly by 16%, dropping to £270,000. This could indicate a shift in payment terms or potentially delayed customer payments. Creditors also increased by 9.1%, reaching £600,000, and corporation tax payable rose by 45%, to £22,000. Equity, however, improved by 16%, climbing to £540,000. The company’s small size—meeting two of three conditions for classification—helps maintain agility. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.

Overall, Gate Software Limited appears to be financially stable, with a solid asset base and growing cash reserves. However, the increase in creditors and corporation tax payable warrants attention. The company’s focus on specialized e-commerce services and its global reach suggest a sustainable business model, but it will be interesting to see how it manages its financial obligations in the coming years.

Registered in England/Wales under the registration number 05286432, with a registered address at RG41 2RX, England, Wokingham, Berkshire, Office 2a Innovation House, Molly Millars Close.

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