Geo-rope Ltd

Geo Rope Ltd, based in Ballachulish, UK, is a small, active company established 23 years ago. Employing 37 people, the company holds £3,092,701 in assets and generates a yearly revenue of £7,629,841. It’s a solo-founded business with two directors at the helm, and a real address, boasting a 3.0 Google rating from just two reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts (with 3 months of import activity), and irregularly exports similar items (with 2 months of export activity).

Geo Rope Ltd operates as a geotechnical engineering and rope access contractor, providing services for infrastructure projects like rail, highways, forestry, and quarries. The company’s website highlights a range of services, including geotechnical improvement works, civil engineering solutions, oil and gas inspection, and specialist plant hire. They also offer emergency response teams for natural hazard events. The company's ethos focuses on delivering value for money and programme certainty for clients.

Financially, Geo Rope Ltd shows some concerning trends. Accumulated depreciation impairment property plant equipment has risen by 25%, while bank borrowings have increased by a substantial 45% to £1.1 million. Cash bank on hand, however, has seen a significant boost, rising by 85% to £580,000. Despite a decrease in average employees during the period by 30%, the company’s net assets have grown by 18% to £4.3 million. Turnover has decreased by 12%, and net profit loss has fallen by 11%. 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 agility, but the decrease in turnover and increase in debt warrants attention. No auditor is mentioned, so the financial statements are unaudited.

It seems that Geo Rope Ltd is navigating a period of change, balancing growth with financial pressures. The company’s focus on specialist services and emergency response could be key to its future success, but careful management of debt and turnover will be essential.

Registered in Scotland under the registration number SC231151, with a registered address at PH49 4JP, Scotland, Ballachulish, West Quarry, West Laroch.

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