Gtm Sales Limited

Gtm Sales Limited, based in Stalybridge, UK, is a small, family-run business with an active status. Established 29 years ago in 1995, it employs four people and holds £1,654,770 in assets. The company operates from a real address and is managed by two directors and two owners, Gary and Jacqueline Greenbank. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with four months of import activity recorded, the latest in July 2024. The company operates in the non-specialised wholesale trade industries.

The company’s website is non-existent, which makes it difficult to determine the extent of their online presence. It's likely they operate primarily through traditional wholesale channels, focusing on business-to-business sales rather than direct-to-consumer e-commerce.

Financially, Gtm Sales Limited presents a mixed picture. While current assets have decreased by 9.1% to £1,700,000, net assets have fallen by 6.6% to £980,000. Cash reserves have seen a significant drop of 35% to £680,000, which could indicate increased investment or operational expenses. Trade debtors have risen by 28%, suggesting potentially delayed customer payments, while creditors have also decreased by 13%, which is a good sign. The company meets two of three conditions to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The unaudited figures, as is typical for small companies, rely on director-reported data.

Despite the decrease in cash reserves, the company’s debt management seems to be improving. The increase in trade debtors might be a temporary blip, and the decrease in creditors is encouraging. The company’s long-standing presence and family ownership suggest a stable foundation, but the financial data highlights the need for careful monitoring of cash flow and working capital.

Registered in England/Wales under the registration number 03130102, with a registered address at SK15 2BT, Stalybridge, Cheshire, The Courtyard, Cheetham's Mill Park Street.

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