Gliderol Garage & Industrial Doors Limited

Gliderol Garage And Industrial Doors Ltd from Peterlee UK: a small, holding company with an active status, was founded 38 years ago in 1986. Employing 30 people, the company holds assets of £1,328,692 and operates from a real address on Kitching Road. With three directors and four owners, Gliderol runs an e-commerce site and maintains a Google rating of 4.0 based on 26 reviews. They regularly import electrical machinery and equipment, with 14 months of import activity recorded.

The company specializes in garage and industrial doors, offering a wide range of options including roller, sectional, up and over, and side-hinged designs. Their website showcases these products, catering to both residential and commercial customers. They even have a division focused on self-storage doors, highlighting a diversification of their business. Gliderol emphasizes quality and British craftsmanship, with a focus on providing solutions for various needs, from home garages to airport hangar doors.

Financially, Gliderol shows some concerning trends. Current assets have decreased by 14% to £1,300,000, while net assets have fallen 11% to £720,000. Bank borrowings have decreased by 20%, and cash reserves have fallen 35% to £67,000. Creditors have also decreased by 19%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the decline in equity raises questions. The lack of an auditor mentioned likely means the financial statements are unaudited.

Despite these financial pressures, Gliderol’s strong Google rating and diverse product range suggest a resilient business. The company’s focus on quality and customer service, combined with its established presence in the UK market, could help it weather the current challenges.

Registered in England/Wales under the registration number 02076659, with a registered address at SR8 2HP, England, Peterlee, County Durham, . Kitching Road, North West Industrial Estate.

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