Gcl Fabrications Ltd

Gcl Fabrications Ltd, based in Tonbridge, UK, is a small, active company founded thirteen years ago in 2011. With a single employee and £365,660 in assets, it’s a solo-founded operation led by one director and owner. The company operates from a real address and has a solo founder. It’s an irregular importer of optical and medical tools and devices, with one month of import activity recorded as of January 2023, and an irregular exporter of machinery, boilers, and mechanical appliances, with two months of export activity as of February 2022.

The company's website is non-existent, so it’s difficult to determine if it operates an e-commerce site or focuses on business-to-business sales. However, the company does repair of fabricated metal products.

Financially, Gcl Fabrications Ltd presents a mixed picture. Current assets have decreased by 21%, dropping to £370,000, while net assets have plummeted 560%, resulting in a negative balance of -£31,000. Cash reserves have also seen a significant decline, falling 96% to just £1,300. On a positive note, trade debtors have decreased by 16%, suggesting improved collection of payments. 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 flexibility, but the sharp decline in equity is concerning. There’s no auditor mentioned, likely due to the company’s small size, so the figures are unaudited.

Amounts owed to directors have decreased by 14%, from £420,000 to £360,000. However, accrued liabilities deferred income have increased slightly, by 4.8%. It seems like the company is struggling to maintain a positive cash flow, but the decrease in debt is a small victory.

Registered in England/Wales under the registration number 07717881, with a registered address at TN12 5JH, Tonbridge, Brook Farm Buildings Church Lane, East Peckham.

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