Gto Group Limited

Gto Group Ltd from Reading UK: a small holding company with an active status, was founded two years ago. It employs six people and holds £1,041,752 in assets, operating from a real address and managed by three directors and one owner. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 38 months of import activity and 55 months of export activity recorded.

The company's website highlights its role as a consumer goods supply chain solution provider, leveraging a database of prequalified manufacturers in China, the Philippines, Thailand, Vietnam, and Indonesia. It offers services including account director support and customized strategies, catering to clients seeking competitive pricing. The company’s address is Room 412, 4F., Lu Plaza, 2 Wing Yip Street, Kwun Tong, Kowloon, Hong Kong.

Financially, Gto Group Ltd shows a mixed picture. While cash bank on hand remains steady at £39,000, current assets have decreased by 10% to £1,000,000. Liabilities have increased by 10% to £1,100,000, resulting in a net assets deficit of £1,000,000. Debtors have increased by 10% to £1,000,000, and creditors have increased by 10% to £2,100,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increasing liabilities suggest a need for careful financial management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s reliance on support from its directors and related parties is noted, which is something to keep an eye on.

Registered in England/Wales under the registration number 14475015, with a registered address at RG10 9ES, United Kingdom, Reading, Gto House Floral Mile, Hare Hatch.

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