Gds Technologies Limited

Gds Technologies Ltd from Leeds UK is a small, active company founded 27 years ago. With 41 employees and £3,235,850 in assets, it’s a well-established operation led by three directors and a solo founder, Utley Steven Arthur. The company regularly imports and exports optical and medical tools and devices – 73 months of imports and 153 months of exports recorded. It has a real address and is a limited company.

The business operates within the manufacture of other electrical equipment industries, and its website, while not actively used for e-commerce, provides some insight into its activities. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Looking at the financials, Gds Technologies Ltd shows a mixed picture. Cash bank on hand increased by a significant 44%, reaching £1.6 million, which is a good sign. Current assets also grew by 56%, hitting £3.2 million. However, net losses deepened, and creditors increased considerably, suggesting a need to manage debt more effectively. Trade debtors also ballooned, indicating potential issues with customer payments. Investments decreased, and other taxation and social security payable rose dramatically.

Despite these challenges, the company’s fixed assets remained stable, and equity increased by 29%, reaching £4.2 million. The company’s bank borrowings increased, and the company’s cash reserves fell. The lack of an auditor mentioned is likely due to its status as a small company, meaning the figures are unaudited. It’s a solid foundation, but the company needs to keep a close eye on its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 03529380, with a registered address at LS25 2GA, Leeds, Fusion Point, Ash Lane Garforth.

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