Gel Ovations Europe Limited

Gel Ovations Europe Ltd, based in Bristol, UK, is a small, family-run business with an active status. Founded seventeen years ago, it employs seven people and holds £907,510 in assets. With a real address and three directors, the company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 22 months of import activity and 5 months of export activity recorded.

The company’s website, gelovationsEurope.com, highlights its specialization in pressure care solutions, particularly for healthcare settings. It manufactures and supplies products like dimensional gel pads, wheelchair accessories, and bathroom aids. A significant portion of the site is dedicated to sports gel, catering to parathletes and individuals requiring maximum skin protection. The website also features a separate division, 1066 Pianos, which focuses on high-end piano restoration, indicating a diverse range of business ventures.

Financially, Gel Ovations Europe Ltd presents a mixed picture. While cash bank on hand increased by 36% to £530,000, net assets liabilities increased by 12% to £820,000. Trade debtors rose by 60% to £200,000, suggesting potential delays in customer payments, and creditors increased significantly by 590% to £97,000. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the rise in creditors could indicate increased financial pressure. Accumulated depreciation on plant machinery increased by a whopping 370%, which is a bit concerning. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Gel Ovations Europe Ltd appears to be a stable business with a diverse portfolio, but the rise in creditors and depreciation warrants further observation.

Registered in England/Wales under the registration number 06362508, with a registered address at BS10 6NF, England, Bristol, Unit 3 Charlton Road, Brentry.

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