Gt Motorcycles (2012) Ltd

Gt Motorcycles (2012) Ltd, based in Plymouth, UK, is a small, active company established thirteen years ago. With thirty-eight employees and £2,772,969 in assets, it operates from a virtual address – thirty-two other companies are registered at the same location – and is led by two directors and a solo founder. The company imports vehicles, parts, and accessories irregularly (one month of activity, last in 2019), but exports regularly (three months of activity, last in 2023).

The business functions as a dealer for major motorcycle brands like Ducati, Honda, Kawasaki, Suzuki, and Yamaha, offering sales, maintenance, and repairs. It also has a workshop and offers services like MOTs and accident assistance. The website highlights a range of new and used motorcycles, parts, and accessories, and even features a café and performance center. It’s clear the company is trying to be a one-stop shop for motorcycle enthusiasts.

Financially, Gt Motorcycles (2012) Ltd presents a mixed picture. While cash reserves increased by a healthy 42% to £120,000, net assets decreased by 20% to £160,000. Bank borrowings have surged dramatically, increasing by 180% to £550,000, which could be a sign of investment or increased operational costs. Trade debtors have also decreased, suggesting better management of customer payments. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The sharp increase in borrowings, while potentially fueling growth, also warrants attention. The company’s reliance on regular exports to maintain its financial health is apparent. The business is doing alright, but it needs to keep a close eye on its debt levels and ensure continued demand for its products and services.

Registered in England/Wales under the registration number 07957009, with a registered address at PL6 8LT, Plymouth, Devon, Plym House 3 Longbridge Road, Marsh Mills.

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