Gates Scotland Ltd

Gates Scotland Ltd, based in Glasgow, UK, is a small, active company founded eight years ago. Employing 21 people, it holds £492,985 in assets and boasts a perfect 5.0 Google rating from 132 reviews. The company operates from a real address in Blantyre and is led by a single director and owner, a solo founder. It’s a regular importer, bringing in miscellaneous metal items for the past 15 months, with the most recent import in January 2025.

The company's website is not available, making it difficult to determine their specific online presence or e-commerce activities. However, they operate in the manufacture of other fabricated metal products and other engineering activities.

Financially, Gates Scotland Ltd presents a mixed picture. Current assets have decreased by 9%, falling to £490,000. Bank borrowings have increased, with overdrafts rising by 14% to £10,000, while cash reserves have increased by 10% to £30,000. Creditors have decreased by 7.2%, which is a positive sign. Equity has decreased by 14%, dropping to £86,000, which could indicate reinvestment in the business or increased debt. The company meets two of the three criteria to be considered small, with turnover less than £10.2 million and assets less than £5.1 million. The average number of employees has decreased by 24%, from 21 to 16.

The company is unaudited, relying on director-reported data. While the decrease in assets and equity warrants attention, the improved cash position and managed creditors suggest the company is navigating its financial challenges. It seems like the company is holding steady, but the decrease in equity raises questions.

Registered in Scotland under the registration number SC554915, with a registered address at G72 0XB, Scotland, Glasgow, Unit 2a Block 17 South Avenue, Blantyre.

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