Geosynthetics Limited

Geosynthetics Ltd, hailing from Cossington, UK, is a sizable holding company with an active status, having operated for 27 years. Employing 51 individuals, the company holds £6,064,460 in assets and generates £10,840,512 in yearly revenue. Despite a virtual address shared by seventy-one other companies, it maintains a strong 5.0 Google rating based on twenty-one reviews. The company is managed by three directors and has one owner, with Hansam Group Ltd as the parent company.

The business specializes in civil engineering materials, operating both an e-commerce site and a physical showroom. Its website showcases a wide range of geosynthetic products, including weed suppression fabrics, drainage solutions, and erosion control materials. Services extend to seminars, engineering support, and next-day delivery. The company’s blog provides valuable information on various geosynthetic applications, reinforcing its expertise in safety solutions.

Financially, Geosynthetics Ltd’s report paints a mixed picture. Current assets remained steady at £6,064,460, while net assets decreased by 18% to £1,300,000. Turnover declined by 11% to £11,000,000, and net losses deepened to -£300,000. Bank borrowings surged by 44% to £320,000, and cash reserves fell by 13% to £650,000. Creditors increased by 25% to £1,600,000, suggesting a need to manage debt. The company is classified as a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The report was audited by Magma Audit LLP (part of the Dains Group).

While the company’s strong Google rating and wide product range indicate a successful operation, the declining profits and rising debt raise concerns. The parent company, Hansam Group Ltd, likely provides financial support, but the company's ability to generate sustainable profits will be crucial for its long-term success.

Registered in England/Wales under the registration number 03494214, with a registered address at LE7 4UZ, United Kingdom, Cossington, Leicester, Unit 2 Charnwood Edge Business Park, Syston Road.

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