G S Biotech Ltd

Gs Biotech Ltd, based in Ayr, UK, is a small, active company founded ten years ago in 2014. Employing ten people and holding £352,602 in assets, it operates from a virtual address, a point to note, and is managed by one director and owner. The company regularly imports electrical machinery and equipment, with 20 months of import activity recorded, and has recently begun exporting machinery, boilers, and mechanical appliances, with three months of export activity. They operate in the manufacture of medical and dental instruments and supplies industries.

The company's website is not available for review, making it difficult to determine the extent of its e-commerce presence.

Financially, Gs Biotech Ltd presents a mixed picture. While current assets increased by 36% to £350,000, net assets decreased by 2.6% to -£65,000. Bank borrowings decreased by 30% to £43,000, and cash reserves decreased by 39% to £15,000. Creditors have also increased, with a 9.5% increase after one year and a significant 43% increase within one year. Trade debtors have increased by 67%, suggesting a possible reliance on customer payments. 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 negative equity raises concerns. The accounts are unaudited, as is typical for small companies.

It appears that Gs Biotech Ltd is facing some financial pressures, despite its recent export activity. The company’s reliance on trade debtors could be a factor, and the negative equity suggests a need for careful financial management.

Registered in Scotland under the registration number SC487069, with a registered address at KA7 1LL, Scotland, Ayr, 33 Newmarket Street.

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