Gsys Limited

GSYS Limited, based in Chester, UK, is a small holding company with an active status, established fifteen years ago. Employing just nine people and holding assets of £519,567, it operates from a virtual address, a detail flagged by the presence of twelve companies registered at the same location. The company is overseen by three directors and one owner. It regularly imports optical and medical tools and devices (three months of activity, latest in June 2024) and exports electrical machinery and equipment (fifty months of activity, latest in October 2024).

GSYS Limited functions as a leading-edge independent solutions company, providing integrated automation, process control, and safety systems to clients in the oil and gas, process, and manufacturing industries. Its website highlights services like industrial automated systems, safety instrumented systems, and engineering design, catering to blue-chip companies. The company's engineers and software developers focus on quality and ongoing training, aiming to deliver solutions that meet client needs on time and within budget.

Financially, GSYS Limited’s recent performance presents a mixed picture. While turnover remains undisclosed, net assets increased by 27%, reaching £350,000. However, cash bank on hand experienced a significant drop of 57%, falling to £210,000. Trade debtors surged by 64%, indicating potential challenges in collecting payments, while creditors decreased by 64%, suggesting improved debt management. A notable increase in other taxation social security payable (130%) could signal higher operational costs. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in cash reserves warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, GSYS Limited seems to be navigating a period of change, with growth in assets offset by a decline in cash reserves. The company’s focus on specialized engineering services and its established client base should provide a foundation for future stability, but managing cash flow will be key.

Registered in England/Wales under the registration number 07168696, with a registered address at CH4 9QR, England, Chester, Regus House Herons Way, Chester Business Park.

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