Gmt Furniture Ltd
- Small
- Holding
- Active
- 18 years
- 10 employees
- £1,167,864 (assets)
- Real address
- 3 directors
- 1 owner
- Irregular importer
- Rating 5.0 (1)
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
Phones
Summary
GMT Furniture Ltd, based in Dungannon, UK, is a small, holding company with an active status. Established 18 years ago, the company employs ten people and holds £1,225,564 in assets. It operates from a real address and is overseen by three directors and one owner, boasting a perfect 5.0 Google rating from a single review. The company is an irregular importer, with no specific import category listed, and just two months of import activity recorded as of January 01, 2025.
The company’s website is unavailable, making it difficult to ascertain their exact operations beyond what’s publicly available. However, the company description indicates they operate in the manufacture of other furniture industries. This suggests a focus on producing furniture components or finished goods for other businesses, rather than direct retail.
Financially, GMT Furniture Ltd presents a mixed picture. Current assets have increased by 19%, reaching £1,200,000, while net assets have grown by 9.2% to £2,100,000. Cash bank holdings have also increased by 3.4% to £720,000. However, trade debtors have risen significantly by 56%, reaching £460,000, which could indicate challenges in collecting payments. Creditors have also increased slightly by 0.64% to £350,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debtors warrants attention. As a small company, they are exempt from an audit, and the figures are unaudited.
The company’s investments have seen a dramatic shift, with investments fixed assets decreasing by 100% to zero. This suggests a strategic decision to liquidate or reallocate those assets. Overall, GMT Furniture Ltd appears to be financially stable, but the increase in debtors and the change in investments should be monitored closely.
Registered in Northern Ireland under the registration number NI060866, with a registered address at BT80 0HW, United Kingdom, Cookstown, Tyrone, 127b Battery Road, Ardboe.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Mallon Holdings Ltd
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 16 years
-
Resident of United Kingdom
-
Individual
- 18 years
- 1
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Unaudited abridged accounts made up to 2024-09-30Download 8 pages pdf report
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Registered office address changed from 97 Mullinahoe Road Ardboe Dungannon BT71 5AU to 127B 127B Battery Road Ardboe Cookstown Tyrone BT80 0HW on 2025-05-22Download 1 page pdf report
-
Registered office address changed from 127B 127B Battery Road Ardboe Cookstown Tyrone BT80 0HW Northern Ireland to 127B Battery Road Ardboe Cookstown Tyrone BT80 0HW on 2025-05-22Download 1 page pdf report
Importer profile by HS codes
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FAQ about Gmt Furniture Ltd
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