Gm Projects Scotland Ltd
- Small
- Active
- 9 years
- 17 employees
- £3,155,556 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
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
Summary
Gm Projects Scotland Ltd, based in Glasgow, UK, is a small, active company established nine years ago. With 17 employees and £3,155,556 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports furniture, lighting, and prefabricated buildings—a recent activity spanning three months, with the last operation occurring in February 2025.
The company’s website showcases its expertise in delivering workplace solutions, specializing in office fitouts, industrial spaces, retail, and leisure, alongside commercial furniture services. It highlights a committed team of experts ready to deliver comprehensive solutions, and features case studies demonstrating successful projects for clients like Cala Homes. Gm Projects Scotland Ltd’s website clearly positions itself as a full-service provider for businesses looking to optimize their workspaces.
Financially, Gm Projects Scotland Ltd presents a mixed picture. While cash bank holdings saw a significant increase of 240%, jumping to £1,200,000, current assets declined by 34% to £3,200,000. Debtors have fallen dramatically, a 46% decrease to £670,000, which could be a positive sign of improved collections, but creditors have also increased by 41% to £2,700,000. The company's net assets remained relatively stable at £590,000. The surge in bank borrowings, a 90% increase to £85,000, suggests the company may be leveraging debt to fund growth or manage short-term cash flow needs. The company's small size—meeting two of three criteria for being considered small—allows for agility, but the fluctuating financials warrant close monitoring. As a small company, it’s likely exempt from an external audit, so the figures are unaudited. The increase in depreciation impairment property plant equipment is a bit concerning, but could simply be due to increased asset values.
Registered in Scotland under the registration number SC511919, with a registered address at G68 9HP, Scotland, Glasgow, 1 Mollins Court, Cumbernauld.
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
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Unaudited abridged accounts made up to 2024-07-31Download 9 pages pdf report
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Confirmation statement made on 2024-12-10 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-07-31Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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