G M Stephenson Ltd

GM Stephenson Ltd, based in Scarborough, UK, is a small, family-run business with an active status. Incorporated eighteen years ago in 2006, it employs nine people and holds £3,402,201 in assets. The company has a real address and is managed by three directors and owned by two individuals. It’s an irregular importer of miscellaneous manufactured goods, with just one month of import activity recorded, and a regular exporter of vehicles, parts, and accessories (excluding trains and trams), with eighty months of export activity.

The company's website showcases a diverse range of agricultural machinery and services. It specializes in buying, selling, and hiring quality new and used agricultural machinery, with a particular focus on TAFE compact tractors, Condon Engineering livestock equipment, and Winton attachments. The site also highlights a successful piano restoration division, operating from Cambridge with a showroom in Harrods, London. This division offers museum-grade restorations and disaster recovery services for damaged pianos. The company’s blog and social media presence reinforces its expertise in agricultural and safety solutions.

Financially, GM Stephenson Ltd’s recent performance presents a mixed picture. While bank borrowings decreased by 13%, cash reserves increased dramatically by 13,000%, reaching £19,000. However, net assets decreased by 2.2% to £5,800,000. Creditors decreased by 5.5%, suggesting improved debt management, but trade debtors increased by 13%, which could indicate challenges in collecting payments. The company’s average number of employees decreased by 22%, from nine to seven, which might reflect restructuring or seasonal fluctuations. 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 agility, but the decrease in net assets warrants attention. With no auditor mentioned, the financial statements are unaudited.

The company's focus on both agricultural machinery and high-end piano restoration creates a unique business model. Whether this diversification strengthens or complicates its financial stability remains to be seen, but for now, GM Stephenson Ltd appears to be navigating the challenges of a small, family-owned business.

Registered in England/Wales under the registration number 05929781, with a registered address at YO11 3UJ, England, Scarborough, North Yorkshire, Danebury Manor Farmhouse, Flixton.

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