Gc Distribution Limited

Gc Distribution Ltd, based in Ilford, UK, is a large, active company founded 20 years ago. Employing 54 people and holding assets of £1,202,119, it operates from a virtual address, a point of note given that 97 companies are registered at the same location. The business is led by one director and has two owners, and boasts a respectable Google rating of 4.0 from 51 reviews. The company irregularly imports machinery, boilers, and mechanical appliances—parts, with the last import operation recorded 1 months ago, and exports electrical machinery and equipment, also irregularly, with the last export operation recorded 1 months ago.

The company’s website paints a picture of a full-service logistics provider. Gc Distribution Ltd offers a varied fleet of Euro 6 vehicles with GPS tracking, catering to UK and overseas distribution needs. They specialize in warehousing, general haulage, hazardous cargo, and even offer air and sea freight services. The company emphasizes a personal and caring service, a differentiator in today's market, and holds both Gold FORS and CLOCS certifications, demonstrating a commitment to quality and legal compliance. They also hold ISO 9001 and 14001 certifications, providing customers with peace of mind.

Financially, Gc Distribution Ltd presents a mixed picture. While cash bank on hand increased by a significant 93% to £150,000, comprehensive income expense dropped 67% to £52,000. Bank borrowings decreased by 29% to £190,000, and administrative expenses rose 20% to £2.4 million. Staff costs increased by 8% to £2.7 million, reflecting the company’s growth. It’s worth noting that the company’s net assets grew by 34% to £560,000. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and more than 250 employees) helps it stay agile, but the decrease in comprehensive income raises questions. The company's auditor is not mentioned, which is likely due to its size.

In short, Gc Distribution Ltd appears to be a well-established logistics provider navigating a changing economic climate. The company’s focus on customer service and quality certifications positions it well for future growth, but the financial data suggests it's burning through money a little faster than it's earning it.

Registered in England/Wales under the registration number 05323891, with a registered address at IG1 4TG, Ilford, Essex, 249 Cranbrook Road.

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