Gibson Paving Limited

Gibson Paving Limited, based in Ballymena, UK, is a small, active holding company founded 17 years ago. With 18 employees and £1,317,801 in assets, the company holds a stellar 5.0 Google rating from 42 reviews. It operates from a real address and is overseen by three directors and one owner. Regular imports of stone, plaster, cement, and similar materials have been recorded over the past 13 months, with the latest import occurring in October 2023. The company operates in the other specialised construction activities n.e.c. industries.

The company's website, gibsonpaving.co.uk, showcases a range of paving and construction services, including driveways, patios, and commercial projects. While it doesn's appear to be an e-commerce site, the website serves as a portfolio and contact point for potential clients, highlighting completed projects and testimonials.

Financially, Gibson Paving Limited presents a mixed picture. While net assets increased by 20% to £1,400,000, several key metrics show concerning trends. Cash bank on hand decreased by 4.1% to £260,000. Trade debtors dropped by 43% to £17,000, suggesting potential issues with customer payments, and bank borrowings decreased significantly by 99% to just £300. Creditors, however, increased by 14% to £310,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in cash reserves warrants attention. The company is exempt from an audit as a small company.

Overall, Gibson Paving Limited appears to be navigating a period of change. While asset growth is positive, the fluctuating cash flow and debtor trends suggest a need for careful financial management. The company’s reputation and Google rating indicate strong customer satisfaction, which will be crucial for sustaining its business in the long term.

Registered in Northern Ireland under the registration number NI066190, with a registered address at BT44 8AG, Ballymena, County Antrim, 61 Townhill Road, Portglenone.

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