Gbe Engineering Systems (holdings) Ltd

Gbe Engineering Systems (Holdings) Ltd, based in Otley, UK, is a small, active company founded two years ago. It’s a solo venture, managed by a single director and owner, Flanagan Anthony Lawrence. The company employs just one person and holds a modest £220 in assets, operating from a virtual address shared by sixty-one other companies. Despite its size, it maintains a perfect 5.0 Google rating based on one review, and regularly imports electrical machinery and equipment—thirteen months of activity recorded, the last in May 2023.

The company's website highlights a focus on transformer manufacturing and related services. GBE UK offers laboratory testing, onsite measurements, repair, maintenance, and even transformer hire. It’s clear they're targeting businesses seeking energy efficiency solutions, with blog posts discussing energy savings and transformer changes. They emphasize Italian expertise, importing transformers from GBE SpA, and boast three production facilities specializing in dry type, cast resin, and oil-filled transformers. The website also mentions a focus on quality certification and career opportunities.

Financially, Gbe Engineering Systems (Holdings) Ltd presents a mixed picture. Current assets remain steady at £220, but net assets are negative at -£930, indicating accumulated losses. Bank borrowings are £30,000, and creditors are £61,000. Despite these challenges, the company’s small size (meeting two of three conditions for a small company) allows for agility. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

While the company appears to be operating, the negative equity and reliance on borrowings suggest it’s burning through money. Whether the focus on transformer solutions and Italian partnerships can turn things around remains to be seen—but for now, Gbe Engineering Systems (Holdings) Ltd is navigating a challenging financial landscape.

Registered in England/Wales under the registration number 14428743, with a registered address at LS21 3JP, United Kingdom, Otley, West Yorkshire, Pegholme, Bays 61-65 Wharfebank Mills, Ilkley Road.

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