Gsl Servicing Limited

Gsl Servicing Ltd from Exmouth UK is a small, active company founded 20 years ago. With four employees and £670,582 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company regularly imports and exports electrical machinery and equipment, with 12 months of import activity and 4 months of export activity recorded.

It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company operates in the manufacture of electricity distribution and control apparatus, and the manufacture of electric lighting equipment. The company is a regular importer, with its top import category being Electrical machinery and equipment, totaling 12 months of imports. The last import operation was conducted on December 01, 2024. The company is a regular exporter, with its top export categories including Electrical machinery and equipment, totaling 4 of months exports. The last export operation took place on February 01, 2025.

Financial data reveals some concerning trends. Cash reserves have plummeted by 62%, dropping to £120,000, while trade debtors have increased by 26%, reaching £340,000. Creditors have also decreased by 36%, sitting at £100,000. Perhaps most significantly, net assets have only increased slightly, from £590,000 to £610,000. Bank borrowings have increased, but not dramatically. The company's average number of employees has increased by 25%, to five.

The company's financial statements are unaudited, which is common for small companies. It’s likely the company is facing some cash flow challenges, given the decrease in cash reserves and increase in trade debtors. However, the decrease in creditors suggests the company is managing its short-term liabilities reasonably well. The increase in employees, while positive, could also indicate increased operating expenses. The company’s financial health appears to be stable, but it's important to monitor these trends closely in the coming months.

Registered in England/Wales under the registration number 05437246, with a registered address at EX8 4RS, Exmouth, Devon, Unit 6 Dinan Way Trading Estate, Concorde Road.

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