Gravity Mining Limited
- Small
- Holding
- Active
- 10 years
- 4 employees
- £1,202,075 (assets)
- Virtual address
- 5 directors
- 3 owners
- Irregular importer
- Regular 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
Gravity Mining Limited, based in Cheltenham, UK, is a small holding company with an active status, having been founded ten years ago in December 2014. The company employs just four people and holds assets totaling £1,055,287. Registered at a virtual address shared by twenty-two other companies, it’s managed by five directors and three owners, though the owner list hasn't changed in four years. Gravity Mining operates as a regular exporter of machinery, boilers, and mechanical appliances, with 28 months of export activity recorded, the latest in January 2025. However, its import activity is less frequent, with just two months of imports of machinery parts recorded in 2022.
The company’s website highlights its core product: the Richard Mozley Multi Gravity Separator (MGS), a machine used for fine mineral gravity concentration. It's a 100% export-focused business, with established dealers worldwide, and caters to industries like tin, tungsten, tantalum, and waste recycling. The website also showcases a range of supporting products, including Mozley Tables and Superpanners, and collaborates with other manufacturers of centrifugal concentrators and shaking tables. The company’s website also mentions walking in Richard Mozley’s footsteps, and presents Cornwall's Mining Services and Supply businesses to Cornwall's Members of Parliament.
Financially, Gravity Mining Limited shows some concerning trends. Cash bank on hand has declined by 37%, falling to £590,000, while current assets have also decreased by 32% to £1,100,000. Trade debtors have surged by a significant 190%, reaching £310,000, suggesting potential difficulties in collecting payments. On the positive side, creditors have decreased by 40%, indicating improved debt management. 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 decline in equity and cash reserves warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited. Overall, Gravity Mining Limited appears to be facing some financial headwinds, despite its specialized product and export focus.
Registered in England/Wales under the registration number 09333432, with a registered address at GL52 2EX, Cheltenham, Gloucestershire, 3 Fairview Court, Fairview Road.
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
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 7 years
- 5
-
Resident of United Kingdom
-
Individual
- 10 years
-
Resident of United Kingdom
-
Individual
- 10 years
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
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Unaudited abridged accounts made up to 2024-12-31Download 7 pages pdf report
-
Confirmation statement made on 2024-09-21 with no updatesDownload 3 pages pdf report
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Change of details for Mr Colin Edward Collino as a person with significant control on 2024-09-20Download 2 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Gravity Mining Limited
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