G.t. Electrical Ltd

Gt Electrical Ltd from Macclesfield UK: a small, holding company with an active status, was founded 26 years ago. The company employs 15 people and holds £634,269 in assets, operating from a virtual address. It’s led by five directors and has one owner, boasting a stellar 5.0 Google rating based on five reviews. The company is an irregular importer of optical and medical tools and devices, with just one month of imports recorded.

The company’s website reveals a comprehensive range of electrical services catering to industrial, commercial, and domestic sectors. From installations and testing to PLC programming and maintenance, Gt Electrical Ltd offers a complete solution for all electrical needs. The website also highlights the company’s expertise in hazardous area work and panel building, showcasing a commitment to quality and safety. They even have a dedicated team of ten fully qualified electrical engineers.

Financially, Gt Electrical Ltd shows a mixed picture. Current assets increased by 17% to £630,000, but net assets decreased by 5.2% to £210,000. Bank borrowings decreased by 5.5% to £9,500, while cash reserves fell by 50% to £63,000. Creditors increased by 37% to £410,000, and trade debtors rose by 33% to £340,000. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the decline in equity raises concerns. The company is exempt from an audit, so the financial data is unaudited.

Overall, Gt Electrical Ltd appears to be a stable, well-regarded electrical services provider, but the financial figures suggest it might be burning through cash. The company’s holding company status and the presence of a larger parent company, GT Electrical Holdings Ltd, could provide a buffer against these pressures.

Registered in England/Wales under the registration number 03692823, with a registered address at SK11 6JX, England, Macclesfield, Cheshire, First Floor, Merchant Exchange, Waters Green.

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