Gmvn Ltd

Gmvn Ltd, based in Helensburgh, Scotland, is a small, active company established 28 years ago. With 15 employees and £191,821 in assets, it operates from a real address and is overseen by three directors and a single owner. The company is primarily known for exporting ceramic products over the last 28 months, but also imports plastics and plastic products, though less regularly—just one month of import activity was recorded in 2022.

The company's website reveals it’s a government enterprise focused on tourism and adventure activities in the Garhwal Himalayas. It facilitates Chardham Yatra packages, skiing courses, trekking tours, and offers accommodation in guesthouses and tourist bungalows. The site highlights a wide range of destinations, including popular pilgrimage sites like Badrinath and Kedarnath, and promotes adventure activities like rafting and skiing. The website also features a section dedicated to authentic products of Uttarakhand, showcasing local crafts and goods.

Financially, Gmvn Ltd presents a mixed picture. While net assets decreased by 30% to £310,000, current assets also fell by 22% to £190,000. Bank borrowings have reduced significantly by 58% to £7,700, and cash reserves have plummeted 98% to just £790. Creditors, however, have increased by 71%, potentially indicating a need for more working capital. The company's small size (meeting two of three conditions for being classified as small) allows for flexibility, but the significant drop in equity raises concerns. No auditor is mentioned, meaning the financial statements are unaudited.

The decrease in cash reserves and increase in creditors suggests Gmvn Ltd may be facing some financial pressure. However, the continued focus on tourism and adventure activities, coupled with the company's long-standing presence in the region, indicates a potential for recovery. The website’s emphasis on showcasing local culture and products could also contribute to a more sustainable business model.

Registered in Scotland under the registration number SC174224, with a registered address at G84 7HF, Scotland, Helensburgh, 33 Albert Drive.

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