Gs & Pa Reeves Limited

Gs & Pa Reeves Ltd, based in Shrewsbury, UK, is a small, active family business established 22 years ago. With nine employees and £1,839,775 in assets, it operates from a real address and is overseen by four directors and two owners. The company holds a stellar 5.0 Google rating based on 75 reviews, a testament to its customer service. It’s a regular importer of wood and wood products, with 12 months of import activity recorded.

The company’s core business revolves around acting as agents involved in the sale of timber and building materials. While no website is available to examine, the business likely operates through a network of contacts and potentially a small showroom or office space. The family-run nature of the business suggests a focus on long-term relationships and a personal touch in its dealings.

Financially, Gs & Pa Reeves Ltd presents a mixed picture. Current assets have decreased by 16%, falling to £1.4 million, while bank borrowings have increased by a significant 71%, reaching £140,000. Creditors have also decreased by 25%, which is a positive sign. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the decline in assets and increase in borrowings warrants attention. The company’s net assets remain stable at £3.1 million. The accounts are unaudited, a common practice for small companies exempt from an audit. The company’s tax expense is based on taxable profit, which differs from net profit as reported in the accounts.

While the company’s financial position isn’t alarming, the trends suggest a need for careful management. The decrease in assets and increase in borrowings could be attributed to various factors, such as increased inventory costs or investments in new equipment. The lack of an auditor means that the financial statements rely on the directors' assessment, and it's important to monitor the company's performance closely.

Registered in England/Wales under the registration number 04525960, with a registered address at SY4 5UN, United Kingdom, Shrewsbury, Shropshire, New House Farm The Lowe, Wem.

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