Gnoc Ltd
- Small
- Holding
- Active
- 11 years
- 12 employees
- £2,440,175 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Irregular exporter
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
Gnoc Ltd from Durham UK: a small holding company with an active status, was founded 11 years ago in 2013. It employs 12 people and holds £2,440,175 in assets. Operating from a virtual address – thirteen companies registered at the same address – it's managed by two directors and one owner. The company regularly imports furniture, lighting, and prefabricated buildings (6 months of import activity), but exports these items irregularly (1 month of export activity).
Gnoc Ltd operates in the warehousing and storage industry, providing services for land transport. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 12 employees. The company is owned by Gnoc Holdings Ltd, and its directors are Gilpin Hannah and Gilpin Graeme William.
The company's financial performance shows some interesting trends. While current assets increased by 23% to £2,400,000, net assets decreased by 59% to £790,000. Bank borrowings decreased by 53%, while cash reserves completely disappeared. Creditors increased by 25%, and trade debtors decreased by 40%. The company’s net losses deepened to -£210,000. The company’s equity decreased significantly, suggesting it’s burning through cash. It's likely the company is reinvesting heavily in its operations, or perhaps facing increased competition.
The lack of an auditor mentioned suggests the company is exempt as a small company, relying on unaudited statements. The company’s financial health is a little concerning, but its niche focus on importing and exporting furniture and prefabricated buildings, combined with its small size, could allow it to adapt to changing market conditions.
Registered in England/Wales under the registration number 08747231, with a registered address at DH1 1TN, United Kingdom, Durham, County Durham, Unit 10 Sunflag Park, Belmont Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 12
-
Resident of United Kingdom
-
Individual
- 11 years
- 13
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 11 pages pdf report
-
Confirmation statement made on 2024-09-29 with no updatesDownload 3 pages pdf report
-
Registration of charge 087472310007, created on 2024-04-30Download 50 pages pdf report
Gnoc Ltd controls
Owns & Controls
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Gnoc Ltd
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