Gillespie (uk) Limited

Gillespie Uk Ltd from London UK: a small, holding company with an active status, was founded 36 years ago in 1989. The company employs seven people and holds £805,703 in assets. It has a real address, two directors, and one owner, and boasts a perfect 5.0 Google rating based on two reviews. Gillespie Uk Ltd regularly imports stone, plaster, cement, and similar material products, with 25 months of import activity recorded, the latest being February 01, 2025.

The company operates as agents involved in the sale of timber and building materials, a niche sector requiring specialist knowledge. While no website is listed, this suggests a business-to-business model, likely supplying construction firms or retailers rather than selling directly to consumers. This would explain the lack of an online presence.

Financially, Gillespie Uk Ltd presents a mixed picture. While current assets increased by 32% to £810,000, net assets decreased significantly by 240% to -£570,000. This sharp drop in equity is concerning, potentially due to increased liabilities or losses. Bank borrowings have also increased substantially, and cash reserves have fallen. Creditors decreased by 86%, suggesting improved debt management, but the overall trend points to a company facing financial pressure. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the declining equity raises questions about its long-term stability. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 02332696, with a registered address at SW16 6HW, England, London, Estra House, Streatham Station Approach.

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