Geoguard Ltd

Geoguard Ltd, based in Southend-on-Sea, UK, is a small, active family business founded seven years ago. The company employs just two people and holds £214,878 in assets, operating from a virtual address shared by eleven other companies. With two directors and two owners, Geoguard Ltd focuses on importing carpets and textile floor coverings – albeit irregularly, with only one month of import activity recorded as of November 2022. The company operates within the "other business support service activities n.e.c." industries.

The company’s website reveals a specialized focus: supplying ground gas and containment geomembranes. Geoguard Ltd caters to construction projects needing protection against hazardous gas emissions like Radon, Methane, and Carbon Dioxide, offering a range of membranes and containment solutions compliant with British standards. They highlight their products’ use in lakes, ponds, landfill capping, and attenuation tanks, targeting both commercial and industrial clients. The website doesn's appear to be an e-commerce site; it's primarily informational, with a contact form for inquiries.

Financially, Geoguard Ltd presents a mixed picture. While current assets remain steady at £210,000, net assets have dramatically increased to £59,000 – a significant turnaround from a previous loss. Cash reserves have decreased to £1,000, and creditors have fallen by 26% to £160,000. Trade debtors have also increased slightly to £210,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp increase in equity suggests a period of improved profitability. The accounts are unaudited, and no auditor is mentioned, which is typical for companies of this size.

Overall, Geoguard Ltd seems to be on a positive trajectory, with improved profitability and better debt management. However, the reliance on a single product category and a virtual address could pose risks.

Registered in England/Wales under the registration number 11172371, with a registered address at SS1 2BB, United Kingdom, Southend On Sea, Essex, Office 22 The Link Business Centre, 2nd Floor Tylers House.

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