Go Tel Communications Limited

Go Tel Communications Ltd, based in Swindon, UK, is a small, holding company with an active status. Established 24 years ago in 2001, it employs just three people and holds £370,845 in assets. The company has two directors and one owner, and boasts a perfect 5.0 Google rating from a single review. It’s a regular importer of electrical machinery and equipment, with import activity spanning six months, the last operation made in May 2023.

The company’s website highlights its role as a leading distributor of fibre optic cable and network products. Founded in 2001, GTC has supplied over a million kilometers of optical fibre to network operators across various sectors, including telecommunications, oil and gas, utilities, rail, and highways. It emphasizes high-quality products from Tier 1 manufacturers like Corning, competitive pricing, stock availability, and excellent customer service. The website details a range of services, from standard fibre optic cable supply to bespoke solutions and disaster recovery for damaged pianos – a surprising diversification.

Financially, Go Tel Communications Ltd presents a mixed picture. Current assets have plummeted by 89% to £370,000, while net assets have fallen by a staggering 89% to just £150,000. Bank borrowings have increased by 350%, reaching £27, while cash reserves have decreased by 88% to £270,000. Creditors have also decreased significantly by 90%. 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 substantial equity decline raises concerns. No auditor is mentioned, indicating exemption as a small company and reliance on unaudited statements.

Despite the financial pressures, Go Tel Communications Ltd appears to be holding steady, leveraging its reputation for quality and customer service. The diversification into piano restoration, while unexpected, suggests a willingness to explore new avenues for growth.

Registered in England/Wales under the registration number 04151212, with a registered address at SN3 5HY, Swindon, Wiltshire, 16 Dorcan Business Village, Murdock Road Dorcan.

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