Ghai Distributors Limited

Ghai Distributors Ltd from London UK: a small, active company founded 36 years ago, employs eight people, and holds £1,003,056 in assets. With a real address, four directors, and one owner, it maintains a respectable Google rating of 4.0 based on thirteen reviews. The company regularly imports machinery, boilers, and mechanical appliances parts, with 11 months of import activity recorded.

The business operates as a wholesale distributor of motor vehicle parts and accessories, and retail supplier, serving motor factors and retail shops within the M25 area. It doesn't sell directly to garages or the public, emphasizing trust and a rock-solid policy of not supplying the customers of its clients. The company’s website highlights a wide range of brands and a large stock volume, and it’s a member of the GROUPAUTO trading group. It’s a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Ghai Distributors Ltd shows some mixed signals. Cash bank on hand dropped by 28% to £54,000, while bank borrowings increased to £14,000. Trade debtors increased significantly by 22%, suggesting potentially delayed payments. Creditors decreased by 9%, which is a positive sign. Despite a decrease in total inventories by 8.6%, net assets increased by 8.4% to £520,000. The company’s profit loss remained constant at £48,000. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company's financial health seems stable, but the increased bank borrowings and trade debtors suggest a need for careful cash flow management. The company’s long-standing presence and strong industry affiliations point to a resilient business model, but it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 02374968, with a registered address at NW10 0EB, London, Executive House, Coombe Road.

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