Gilders Transport Limited

Gilders Transport Limited, hailing from Cheltenham, UK, is a well-established family business with a strong trading status. Incorporated 39 years ago in April 1986, the company employs 65 people and holds assets totaling £4,191,796. With six directors and two owners, it operates from a real address and boasts a Google rating of 3.0 based on 27 reviews. The company regularly exports meat and edible meat offal, with 27 months of export activity recorded, the last operation taking place in January 2025.

The company’s website describes it as a provider of freight transport by road, and it is a family business. It’s a large company, meeting two of three criteria: turnover exceeding £36 million, a balance sheet total surpassing £18 million, and an employee count of more than 250.

Financially, Gilders Transport Limited presents a mixed picture. While bank borrowings increased significantly by 110%, reaching £3,000,000, cash and cash equivalents decreased by 80%, ending at just £260,000. Net assets increased by 5%, reaching £3,100,000, and creditors decreased by 23%, suggesting improved debt management. It’s worth noting that deferred tax expense credit increased by 4800%, which could indicate a change in accounting practices or tax planning strategies. The company’s net loss deepened to -£220,000, a significant change from the previous year. Trade debtors increased by 50%, which might indicate an expansion of credit terms or delayed customer payments. The company’s unaudited financial statements, prepared with CCH Accounts Production 2024.100, were reviewed by Azets Audit Services.

The company’s growth in bank borrowings, coupled with the decrease in cash reserves, suggests a potential need for careful financial management. However, the decrease in creditors and increase in net assets indicate some degree of operational efficiency. It is unclear whether the increased debt is a result of expansion or a response to economic challenges, but it’s a factor to watch.

Registered in England/Wales under the registration number 02009526, with a registered address at GL54 5HH, Cheltenham, Gloucestershire, Marlborough Cottage Gretton Fields, Gretton.

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