Gss Contracts Ltd
- Small
- Active
- 10 years
- 55 employees
- £3,312,920 (assets)
- Virtual address
- 3 directors
- 2 owners
- Regular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Gss Contracts Ltd from Glasgow UK is a small, family business with an active status, founded ten years ago in 2014. The company employs 59 people and holds £2,534,375 in assets, operating from a virtual address. It’s led by three directors and owned by two individuals. Gss Contracts Ltd regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last three months. The company operates in the steam and air conditioning supply industries.
The business is a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. It’s registered at a virtual address, with forty four companies registered at the same address. The company’s directors are Gillion Matthew, Mcculloch Elaine, and Mcculloch Gordon William, and its owners are Mcculloch Elaine and Mcculloch Gordon William. The company was incorporated on December 04, 2014.
Financially, Gss Contracts Ltd’s current assets increased by 14% to £2,500,000, while net assets increased by 5.7% to £1,400,000. Cash reserves rose by 25% to £840,000. Trade creditors decreased by 7.5% to £610,000, suggesting better debt management. Bank borrowings increased by 9.5% to £150,000. The company’s net losses deepened from -£10,000 to -£23,000. The company’s assets decreased by 22% to £470,000. The company’s liabilities increased by 25% to £110,000. The company’s cash reserves fell 30% to £28,000. The company’s trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms. The company’s creditors rose 35% to £34,000. The company’s net assets plummeted 73% to just £16,000.
As a small company, Gss Contracts Ltd is likely exempt from a full audit, so the figures are unaudited. The company’s financial trends suggest a period of adjustment, possibly related to increased import costs or operational changes. It’s likely the company is holding steady, but facing pressures.
Registered in Scotland under the registration number SC492701, with a registered address at G32 8FH, Scotland, Glasgow, Strathclyde, 1 Cambuslang Court, Cambuslang.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 2 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 7 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 1
-
Resident of United Kingdom
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 7 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
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Total exemption full accounts made up to 2025-03-31Download 11 pages pdf report
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Confirmation statement made on 2025-05-13 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Gss Contracts Ltd
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