Gordian Strapping Limited

Gordian Strapping Ltd from Basingstoke UK: a large company, holding company, active status, founded 87 years ago, employing 47 people, and holding assets of £5,977,478. Yearly revenue sits at £16,258,605, with a real address and six directors overseeing operations, all under the guidance of a single owner. A Google rating of 5.0 based on 13 reviews suggests high customer satisfaction. The company regularly imports machinery, boilers, and mechanical appliances; parts (258 months imported), and exports the same (52 months exported).

The company's website is not available for review, so it’s difficult to determine if they operate an e-commerce platform. Based on the information provided, Gordian Strapping Ltd appears to be a wholesale and distribution business, likely serving industrial clients with strapping and packaging equipment, maintenance services, and consumable materials. Their website, gordanstrapping.com, reinforces this, highlighting a range of equipment and services.

Financially, Gordian Strapping Ltd shows some concerning trends. While turnover remained stable, net assets decreased by 13%, and cash reserves dropped by 43% to £1,100,000. Bank borrowings increased by 48% to £970,000, and trade debtors decreased by 18% to £2,000,000. Although creditors decreased by 51% to £920,000, the decline in cash and increase in bank borrowings could indicate a need for improved cash flow management. The company’s large size (meeting two of three criteria for being a large company) suggests it’s a significant player in its sector. The unaudited financial statements, reviewed by Shaw Gibbs (Audit) Limited, rely on director-reported data.

The company’s focus on importing and exporting machinery suggests a global supply chain, and the decrease in cash reserves may be due to increased import costs or delayed payments from overseas customers. It's likely that the company is still profitable, but the financial data indicates a need to closely monitor expenses and cash flow to ensure long-term stability.

Registered in England/Wales under the registration number 00331258, with a registered address at RG21 6XX, Basingstoke, Hampshire, Gordian House, Brunel Road.

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