Gs8 Construction Limited

Gs8 Construction Ltd from Northampton UK: a small holding company with an active status, founded four years ago, employs six people, and holds £443,963 in assets. It operates from a virtual address, has one director, and four owners. The company regularly imports furniture, lighting, and prefabricated buildings—five months of imports were recorded.

The company is a non-profit organisation founded by subcontractors solely for the benefit of subcontractors, small businesses and sole traders working within the UK construction industry. Its goal is to support its members, providing them with all the tools and information necessary to promote and protect their business, whatever challenges they may encounter. It focuses on education, communication, and advocacy within the construction industry, particularly addressing concerns around payments, unfair contract clauses, security of retentions, health and safety, and debt recovery. It also provides a database to find subcontractors and offers various benefits like newsletters, client reviews, discounted training, and template documents.

Financially, Gs8 Construction Ltd’s numbers show some concerning trends. While its assets are reported at £440,000, a significant drop from £3.2 million the previous year, net assets plummeted 15,000%, landing at a negative £2.5 million. Cash reserves have also fallen dramatically, dropping 92% to just £560. Trade debtors have vanished completely, while creditors have increased by 43% to £2.2 million. The company’s small size (meeting two of three conditions for being a small company) helps it remain agile, but the sharp decline in equity suggests a need for careful management. There's no auditor mentioned, likely due to its status as a small company, so the figures are unaudited. It seems the company is struggling to maintain its financial health, despite its focus on supporting subcontractors.

Registered in England/Wales under the registration number 12693995, with a registered address at NN1 5JF, England, Northampton, Suite 501, Unit 2 94a Wycliffe Road.

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