Geocal Ltd

Geocal Ltd, based in Ballynahinch, UK, is a small, active company founded seven years ago. With just two employees and £41,950 in assets, it’s a solo founder operation led by a single director and owner. The company operates an e-commerce site and boasts a stellar 5.0 Google rating from one review.

Geocal Ltd specializes in the retail sale of surveying equipment, offering a wide range of products including lasers, GPS, and monitoring equipment. The website, geocal.co.uk, showcases a comprehensive catalog with detailed specifications and competitive pricing. It also offers a hire fleet and provides customer support, repairs, and calibration services. The company is an authorized dealer for GeoMax and supplies equipment from other major brands.

Financially, Geocal Ltd’s recent performance presents a mixed picture. Current assets have decreased by a significant 29%, falling to £42,000, while net assets have plummeted 230%, ending at -£14,000. Bank borrowings have increased substantially, rising 2200% to £2,200, and cash reserves have fallen 210% to £5,500. Trade debtors have also decreased by 48%, suggesting a potential issue with customer payments. Despite these challenges, creditors have decreased by 3.6%, indicating improved debt management. 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 decline in equity is a cause for concern. As a small company, it is exempt from an audit, and the figures are unaudited.

Registered in Northern Ireland under the registration number NI650420, with a registered address at BT24 8UP, United Kingdom, Ballynahinch, 212 Belfast Road.

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