Gts Central Ltd

Gts Central Ltd, based in Shetland, UK, is a small, active company established fifteen years ago in 2009. Employing eighteen people and holding assets of £2,084,480, it operates from a real address and is overseen by five directors and three owners. The company runs an e-commerce site and regularly imports headgear and accessories (fifteen months of activity, latest in January 2025) and exports soaps, cleaning products, and waxes (seven months of activity, latest in February 2025).

The website, salesgtscentral.co.uk, positions Gts Central as a “workwear and safety wholesaler,” supplying organizations across industries like oil, gas, renewable energy, construction, and agriculture. It offers a wide range of products, from hand protection and footwear to workwear and respiratory equipment, representing brands like Showa, Skytec, CAT, and Helly Hansen. The site emphasizes quality, competitive pricing, and next-day delivery from its Manchester distribution centre. The company also provides logoing and embroidery services for workwear.

Financially, Gts Central Ltd presents a mixed picture. Current assets increased by 25% to £2,100,000, while bank borrowings surged by 38% to £220,000. Creditors increased by 36% to £770,000, suggesting growing reliance on trade credit. Debtor’s also increased significantly, by 85% to £940,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The company’s retained earnings increased by 15% to £1,600,000. With no auditor mentioned (likely exempt as a small company), the financial information relies on unaudited statements.

Overall, Gts Central Ltd appears to be growing, but with increased debt. The company’s focus on workwear and safety supplies, combined with its commitment to quality and service, suggests a solid foundation for continued success, but the rising debt levels will need careful management.

Registered in Scotland under the registration number SC361392, with a registered address at ZE1 0EB, Scotland, Shetland, Bank Of Scotland Buildings Hangcliff Lane, Lerwick.

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