G B Conveyor Services Ltd

Gb Conveyor Services Ltd, based in Doncaster, UK, is a small, active company founded nine years ago in 2015. Employing five people, it holds £1,239,727 in assets and operates from a real address shared by nine other businesses. With two directors and one owner, Bonser Graham, at the helm, the company specializes in conveyor belts and related rubber products. It’s an irregular importer, bringing in rubber products for just two months, but a regular exporter, shipping them out for twenty-five months, with the latest export recorded in December 2024.

The company's website, gbconveyorservices.co.uk, highlights its role as a leading supplier of new and used conveyor belts, rollers, and rubber products. Catering to sectors like waste recycling, mining, quarrying, agriculture, and even piano restoration (through a related business, 1066 Pianos), it offers a wide range of products and services, including vulcanizing, site services, and even sourcing used plant and machinery. The site emphasizes family ownership and decades of experience, with director Graham Bonser bringing 40 years of industry expertise.

Financially, Gb Conveyor Services Ltd presents a mixed picture. Current assets have decreased slightly, falling by 1.8% to £1.2 million, while net assets have increased by 12% to £750,000. Bank cash has seen a significant jump, rising 23% to £490,000, suggesting improved liquidity. However, trade debtors have also increased substantially, rising 19% to £470,000, which could indicate challenges in collecting payments. Creditors have decreased by 18%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, relying on unaudited financial statements.

The increase in debtors, despite the overall positive trends, warrants attention. It's possible that the company is expanding its customer base or offering more credit terms, but monitoring this closely will be important for sustained financial health. The company’s ability to leverage its expertise and family ownership to navigate these challenges will be key to its long-term success.

Registered in England/Wales under the registration number 09845083, with a registered address at S40 1LA, United Kingdom, Chesterfield, Derbyshire, 91/97 Saltergate.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.