Gs Controls Limited

Gs Controls Ltd, based in Blackburn, UK, is a small, family-run business with an active status, celebrating 24 years since its founding in 2001. The company employs just two people and holds £96,011 in assets, operating from a real address shared by seven other companies. With three directors and two owners, it’s a tight-knit operation, boasting a stellar 5.0 Google rating from a single review. Gs Controls regularly imports optical and medical tools and devices, with the latest import activity recorded four months ago in June 2024.

The company's website highlights its specialization in systems integration, machine controls, and automation, particularly for the processing and packaging sector. They offer bespoke solutions and a “ThirdEye” print error detection system—a one-box solution integrated onto existing machinery, ensuring product security and peace of mind. The website also includes a contact form, inviting potential clients to discuss their specific requirements or production issues.

Financially, Gs Controls Ltd presents a mixed picture. While cash reserves have increased dramatically to £30,000, a 43,000% increase, net assets have decreased significantly by 120%, settling at £4,500. Bank borrowings have also decreased by 45%, now at £4,500, and trade debtors have dropped by 68%, now at £4,700. Creditors, however, have risen by 22%, now at £89,000. The company meets two of three criteria to be classified as small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and the lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited statements.

The significant drop in equity, despite increased cash, suggests the company may be burning through money, perhaps investing heavily in inventory or expansion. The rise in creditors could also indicate challenges in managing short-term liabilities. Despite these concerns, the company’s strong Google rating and focus on specialized automation services suggest potential for future growth, although careful financial management will be crucial.

Registered in England/Wales under the registration number 04215563, with a registered address at BB1 5QB, Blackburn, Lancashire, Greenbank Technology Park, Challenge Way.

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