Gbe Engineering Systems Ltd

Gbe Engineering Systems Ltd from Otley, UK, is a small holding company with an active status, established thirteen years ago in 2012. Employing just four people, the company holds £743,771 in assets and operates from a real address shared by five other businesses. With one director and one owner, it maintains a perfect 5.0 Google rating based on a single review. The company is a regular importer of electrical machinery and equipment, with 48 months of import activity recorded, the latest in February 2025.

The company’s website highlights its specialization in transformer manufacturing and related services. GBE UK, the trading name, offers a range of products including dry-type, oil-filled, and power transformers, as well as reactors and battery trip units. Services include laboratory testing, onsite measurements, repairs, maintenance, and transformer hire. The website also features a blog section with articles on energy efficiency and transformer technology, and a calculator to estimate energy savings. It appears GBE UK is a subsidiary of GBE SpA, an Italian company specializing in cast resin and VPI transformers.

Financially, Gbe Engineering Systems Ltd shows a mixed picture. While current assets increased by 20% to £740,000, net assets rose by a more substantial 35% to £350,000. However, cash bank on hand dropped by a significant 48% to £110,000. Bank borrowings increased by a staggering 2,400%, reaching £29,000, and trade debtors surged by 93%, suggesting potential issues with customer payments. Creditors, however, decreased by 18%, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp increase in bank borrowings and the decrease in cash reserves warrants closer attention. As a small company, it is exempt from an audit, and the figures are unaudited. It seems the company is doing well in terms of assets, but it is burning through cash.

Registered in England/Wales under the registration number 08031046, 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.