Ggk Limited

Ggk Limited, a small, active company based in London, UK, has been operating for sixteen years. Founded in 2008, the company employs just two people and holds £301,370 in assets. It operates from a virtual address, registered at 88 Crawford Street, and is overseen by two directors and one owner. Ggk Limited regularly imports and exports clothing and accessories, not knitted or crocheted, with 7 months of import activity and 11 months of export activity recorded.

The company's website, GGK Contracts Scotland Ltd, lists a wide range of locations across the UK, from Aberdeen to Motherwell, suggesting a broad geographic reach. It’s primarily involved in construction and groundwork contracting, with a focus on serving commercial and industrial clients. The website highlights a commitment to quality and reliability, with a focus on providing PPE and site supplies.

Financially, Ggk Limited’s performance shows some concerning trends. Current assets have decreased by 26%, dropping to £300,000, while cash reserves have fallen even further, by 37%, leaving just £140,000. Bank borrowings have also decreased, which is good, but trade debtors have increased significantly by 34%, suggesting potential issues with customer payments. Perhaps the company is expanding its credit terms. Equity has also declined by 13%, falling to £250,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Despite the financial challenges, Ggk Limited’s broad geographic reach and focus on construction contracting suggest a resilient business model. The company’s website and services are well-presented, and it has a good reputation for providing quality products and services. However, the decline in cash reserves and the increase in trade debtors warrant close monitoring.

Registered in England/Wales under the registration number 06711502, with a registered address at W1H 2EJ, London, 88 Crawford Street.

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