General Traffic Limited

General Traffic Limited, based in Bolton, UK, is a holding company with an active status, celebrating 41 years since its establishment in 1983. The company employs a sizable workforce of 524 people and holds assets totaling £31,859,914. It operates from a real address and is overseen by six directors, although no owners are officially listed. The company regularly imports machinery, boilers, and mechanical appliances parts (for 102 months), and exports vehicles, parts, and accessories (excluding trains and trams) for 28 months.

The company’s website isn’t currently available for review, so it’s difficult to determine if it operates an e-commerce platform. However, the company operates in the wholesale trade of motor vehicle parts and accessories industries.

Financially, General Traffic Limited shows a mixed picture. Accrued liabilities have increased by 16%, while accumulated amortisation of intangible assets has risen significantly by 62%. However, depreciation of property, plant, and equipment has also increased, with some categories showing substantial growth. Administrative expenses have jumped by a considerable 49%, indicating increased operational costs. Despite this, cash and cash equivalents have increased by 12%, providing a buffer. The company’s net assets have grown by 22%, and the company’s profit has increased by 22%. The company’s bank borrowings have increased by 2400%, and cash reserves have fallen 30%.

The company’s turnover has increased by 41%, and the company’s net loss has deepened. The company’s trade debtors have ballooned by 890%, suggesting delayed customer payments. The company’s creditors have risen 35%.

The company’s growth in assets and revenue suggests a period of expansion, but the increased costs and debt levels warrant closer scrutiny. The absence of a named auditor, likely due to the company’s size, means the financial data relies on unaudited statements. The company’s growth in assets and revenue suggests a period of expansion, but the increased costs and debt levels warrant closer scrutiny.

Registered in England/Wales under the registration number 01730603, with a registered address at BL3 3NY, United Kingdom, Bolton, Rutland Mill, Adelaide Street.

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