Gmtex Limited

Gmtex Limited, based in Rochdale, UK, is a small, active company founded five years ago in 2019. It operates in the manufacture of other textiles and retail sales via mail order and internet, holding £81,945 in assets. Run by a solo founder, Sharif Muhammad, and overseen by one director, the company has a real registered address and a Google rating of 3.0 based on two reviews. Gmtex Limited is a regular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import operation occurring five months ago in April 2022.

The company’s website, gmeurotex.co.uk, showcases a specialized focus on industrial, marine, and offshore AC generators. It designs, builds, and installs these generators for various sectors, including hospitals, data centres, airports, and naval vessels. The website highlights custom-built solutions, Lloyds accredited engineering services, and a commitment to through-life support. It’s clear that while the company's core business might be textiles, it’s significantly expanded into the generator market, serving a range of high-value clients.

Financially, Gmtex Limited presents a mixed picture. Cash bank on hand has increased by a significant 110% to £18,000, and current assets are up 80% to £82,000. However, creditors have also risen, increasing by 110% to £10,000. Debtors have ballooned by 120% to £12,000, which could indicate a growth in sales but also potential issues with collecting payments. Equity has seen a substantial increase of 85% to £68,000, which is a positive sign. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the rise in creditors warrants attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Gmtex Limited seems to be growing, particularly in its generator business, but it’s important to monitor its ability to manage its increasing debts and maintain its cash flow. The company’s expansion into a specialized niche—custom-built generators—suggests a deliberate strategy, but its financial health will ultimately determine its long-term success.

Registered in England/Wales under the registration number 12253510, with a registered address at OL16 5RS, England, Rochdale, Lancashire, Mk Business Park Unit 1a, Crawford Street.

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