Gerrards (precious Metals) Limited

Gerrards Precious Metals Ltd is a large, holding company with an active status, having been founded 44 years ago in 1980. The company, which employs just seven people, holds assets worth £11,563,283 and generates yearly revenue of £51,219,577. Based at a real address in London, it's managed by four directors and has one owner, boasting a respectable Google rating of 4.0 based on 24 reviews. The company regularly imports and exports jewelry, precious stones, and metals, with a long history of 58 months of imports and 189 months of exports.

The company operates in the wholesale of waste and scrap industries. It’s a significant player, meeting two of the three criteria to be classified as a large company: turnover exceeding £36 million and a balance sheet total above £18 million. Cash bank on hand has seen a significant boost, increasing by 93%, while administrative expenses have risen by 14%. Although turnover has decreased by 19%, the company's focus on precious metals and its established trading relationships seem to be sustaining it.

The company's financial statements, which haven’t been audited, show a decrease in net assets, but a surge in bank borrowings. Creditors have also decreased, which suggests better debt management. The Lawrence Group Ltd owns Gerrards Precious Metals Ltd, and Collins Sheldon Ross, Collins Lawrence Michael, Collins Jason Scott, and Collins Sheldon Ross are the directors. The company's consistent import and export activity, combined with its solid Google rating, indicates a stable business, despite the financial pressures.

Registered in England/Wales under the registration number 01528315, with a registered address at EC1N 8LE, 63/66 Hatton Garden, London.

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