Gewiss-uk-limited

Gewiss-uk-limited, based in St Ives, Cambs, is a large, active company established forty years ago in 1984. Employing nineteen people, it holds assets totaling £5,012,208. The company, with four directors and two owners, operates from a real address and regularly imports electrical machinery and equipment – a consistent pattern over the last 276 months, with the most recent import occurring in January 2025. It also exports furniture, lighting, and prefabricated buildings, though less frequently, with just four months of export activity recorded, the last in December 2022.

The company’s website showcases a broad range of products and services, from electrical installation solutions to smart home technologies and emobility charging systems. It’s clear that Gewiss-uk-limited is more than just a distributor; it’s a provider of integrated electrical and automation solutions, with a strong emphasis on Italian design and innovation. The website is very detailed, and it’s not an ecommerce site, but rather a platform for showcasing products and services, and directing customers to find a dealer.

Looking at the financials, Gewiss-uk-limited presents a mixed picture. While net assets grew by 57% to £950,000, indicating improved equity, several key areas raise questions. Cash bank on hand decreased by 8% to £1,000,000, and comprehensive income expense fell by 18% to £160,000. Bank borrowings increased, and administrative expenses rose significantly—15% to £840,000. Trade debtors increased by nearly 5%, suggesting potential delays in customer payments, and creditors also increased by 7%, which could be due to increased purchasing. The company’s employee count has risen by 16%, which is a positive sign of growth, but also increases operating costs.

The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) means it isn’s required to have an auditor, so the figures are unaudited. The increase in administrative expenses, coupled with the decrease in cash reserves, suggests the company may be investing heavily in growth, or possibly facing some financial strain. It’s likely that the company is expanding its operations and investing in new technologies, which could explain the increased costs.

Registered in England/Wales under the registration number 01844418, with a registered address at PE27 5JL, England, St Ives, Cambs, First Floor Unity House Compass Point Business Park, 9 Stocks Bridge Way.

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