Gill International Limited
- Small
- Active
- 9 years
- 9 employees
- £1,085,276 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Gill International Ltd, based in Leicester, UK, is a small, active company founded nine years ago. With nine employees and £1,085,276 in assets, it’s a modest operation led by a solo founder and overseen by three directors. The company maintains a real address, a reassuring sign of legitimacy. Gill International is a regular importer of clothing and accessories made by knitting or crocheting—242 months of imports recorded—and a regular exporter of clothing and accessories *not* knitted or crocheted, with 30 months of export activity.
The company operates in the wholesale of textiles industries, and its website, while not detailed, suggests a focus on sourcing and distributing fashion items. 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).
A review of the company’s financial data reveals some interesting trends. Accumulated depreciation impairment property plant equipment has seen a mixed bag, with computer equipment showing a 30% growth, furniture fittings a 17% growth, but motor vehicles experiencing a significant 53% decrease. Cash bank on hand has taken a hit, falling 46% to £520,000. Creditors have also decreased by 48%, which could indicate improved debt management. However, the company’s equity has seen a substantial 52% increase, suggesting a positive shift in retained earnings. Trade debtors have increased by 7.4%, which could be a sign of increased sales or a change in payment terms.
The most notable trend is the significant drop in cash reserves. While the company’s assets are substantial, the decrease in cash could indicate that Gill International is reinvesting heavily in its business, perhaps expanding its import or export operations. The increase in trade debtors suggests that customers are taking longer to pay, which could put a strain on the company’s cash flow. It's possible that the company is burning through money, but it's also possible that it's simply growing rapidly.
The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited, so caution is advised when interpreting them. Overall, Gill International Ltd appears to be a solid, if somewhat cash-strapped, business. The company’s focus on importing and exporting textiles, combined with its small size and solo founder, suggests a nimble operation capable of adapting to changing market conditions.
Registered in England/Wales under the registration number 09921940, with a registered address at LE4 1AW, England, Leicester, Leicestershire, 68a Boston Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 2
- 🇬🇧
Resident of United Kingdom
-
Individual
- 9 years
- 2
- 🇬🇧
Resident of United Kingdom
-
Individual
- 9 years
- 1
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-12-17 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
-
Director's details changed for Mr Jaskaran Pal Gill on 2023-12-18Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Gill International Limited
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