Gst Engineering Ltd

Gst Engineering Ltd from Shipley UK: a small, active company founded thirteen years ago, employs three people, and holds £151,761 in assets. It’s a family business with one director and three owners, operating from a real address. The company is an irregular importer and exporter of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring in 2019 and the last export in 2017.

The company's website highlights its core purpose: developing on-site process design solutions, from initial feasibility studies to construction management. With ten years of experience, Gst Engineering Ltd boasts a client base of "absolute excellence" and a team of young chemical engineers guided by expert managers from other Italian process engineering companies. They offer services across various sectors, including oil & gas, life science, and renewable energies, and pride themselves on skills like feasibility studies, design, and installation. The company also has a sister company, Workforce, with a combined capacity of 156,750 man-hours per year.

Financially, Gst Engineering Ltd presents a mixed picture. Accumulated amortisation for intangible assets remained steady, but depreciation on property, plant, and equipment increased significantly, particularly for computer equipment and leasehold improvements. The number of employees dropped by half, from six to three, which could reflect restructuring or changing project demands. Bank borrowings decreased slightly, while cash reserves saw a substantial increase, a positive sign. However, creditors rose, and equity plummeted, a concerning trend. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decline in equity warrants closer scrutiny. The company’s financial statements are unaudited, as is typical for small entities.

Registered in England/Wales under the registration number 07905626, with a registered address at BD17 7BT, England, Shipley, Perseverance Works, Briggate.

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