Guarantee Laundries Limited

Guarantee Laundries Ltd, based in Stalbridge, UK, is a small, holding company with an active status. Established 68 years ago in 1957, it employs 78 people and operates from a real address, overseen by four directors and a single owner. The company holds a 3.0 rating on Google based on 21 reviews. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances; parts, with the most recent import activity occurring one month ago in November 01, 2024.

The company’s website highlights its commitment to providing a quality service, specializing in bespoke linen for hotels in the south of England. Proudly announcing its B Corp status, the site emphasizes excellence, passion, and personality. It also offers a glimpse into the company’s history and certifications. The site’s focus is clearly on business-to-business relationships, catering to the hospitality sector.

Financially, Guarantee Laundries Ltd presents a mixed picture. Accumulated depreciation has doubled over the past year, reaching £690,000, while bank borrowings have decreased by 26%, settling at £50,000. Cash reserves have also fallen by 35%, now at £100,000. Creditors have increased significantly by 29%, reaching £2.4 million, which could indicate increased investment or supplier costs. Trade debtors have also risen by 11%, suggesting a slight delay in customer payments. Despite these changes, net assets have declined by 7.2%, reaching £1.5 million. 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 flexibility, but the decline in equity warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Guarantee Laundries Ltd appears to be a well-established business facing typical challenges of growth and changing market conditions. Its focus on quality and bespoke services, combined with its B Corp status, suggests a commitment to sustainable practices, but the recent financial trends require careful monitoring.

Registered in England/Wales under the registration number 00577410, with a registered address at DT10 2RN, United Kingdom, Stalbridge, Dorset, 2 Pinesway, Station Road.

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