Global Machinery Solutions Limited
- Large
- Holding
- Active
- 21 years
- 47 employees
- £12,306,571 (assets)
- £19,400,108 (revenue)
- Real address
- 5 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
The directors list was changed 4 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Global Machinery Solutions Ltd, based in Ipswich, UK, is a large, active company founded 21 years ago. With 47 employees and £12,306,571 in assets, the firm generates £19,400,108 in yearly revenue. It operates as a holding company, importing and exporting machinery, boilers, and mechanical appliances, parts regularly—112 months of exports and 714 months of imports recorded. Five directors and one owner manage the business, which has a real address.
The company’s website showcases a broad range of equipment, catering to forestry, recycling, construction, and aggregates industries. It’s a leading supplier of machinery, including crushers, excavators, landscaping equipment, and wood chippers, with brands like Anaconda, Bandit, and Frontier featured prominently. It even offers service and parts, with a focus on operating since 2004 and boasting 300 years of combined experience.
Financially, Global Machinery Solutions Ltd shows some concerning trends. While revenue remains strong, net assets declined by 18% to £8.2 million, and cash reserves fell 29% to £720,000. Bank borrowings increased by 14% to £490,000, and trade debtors decreased by 36% to £2.1 million. Despite these challenges, creditors decreased by 40% to £4.6 million. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and more than 250 employees) suggests it’s a significant player in its sector, but the drop in equity raises questions. The company's auditor is Hardcastle Burton LLP.
The business appears to be navigating a period of change, with the recent move to new premises and ongoing costs at the old site. While the website highlights a strong focus on customer service and a wide range of equipment, the financial figures suggest a need for careful management to ensure long-term sustainability.
Registered in England/Wales under the registration number 04936450, with a registered address at IP7 6RA, Ipswich, Dairy Farm Office, Dairy Road Semer.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 4
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 months
- 18
-
Resident of United Kingdom
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 2 years
- 4
-
Resident of United Kingdom
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 17 years
- 9
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Satisfaction of charge 049364500003 in fullDownload 1 page pdf report
-
Termination of appointment of Hannah Lucy Miles as a secretary on 2025-01-23Download 1 page pdf report
-
Secretary's details changed for Mrs Penelope Ann Andrews on 2025-01-23Download 1 page 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 Global Machinery Solutions Limited
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