Gulmay Limited

Gulmay Ltd, based in Byfleet, UK, is a sizable company with a 48-year history, currently employing 93 people and holding assets valued at £7,309,621. As a holding company with an active status, it operates from a real address and is overseen by six directors and one owner. The company has a solid 4.0 Google rating based on three reviews. Gulmay’s core business revolves around the import and export of optical and medical tools and devices, with a consistent record of 140 months of imports and 226 months of exports.

The company's website reveals a specialized focus on high-voltage generators and integrated solutions for industrial X-ray and ebeam applications. Gulmay doesn's just sell equipment; they offer a wide range of products, including X-ray generators, controllers, tubes, and subsystems, catering to diverse industries like NDT, aerospace, automotive, security, and food inspection. Their website is very detailed, and it’s clear that they don’t operate an e-commerce site, instead focusing on direct sales and partnerships.

Financially, Gulmay Ltd presents a mixed picture. While the company’s turnover increased by 10%, its net assets decreased by 15%, dropping to £5 million. Bank borrowings increased by a significant 100%, reaching £240,000, and cash reserves fell by 76%, leaving just £130,000. Creditors decreased by 23%, which could indicate better debt management. The company’s size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. The lack of auditor information suggests unaudited financial statements, relying on internal reporting.

The company’s increased turnover, despite the drop in cash reserves, suggests strong sales but potentially challenges in managing working capital. The increase in bank borrowings may be a strategic move to fund growth or address short-term liquidity needs. Overall, Gulmay Ltd appears to be a well-established player in its niche, but its financial performance warrants close monitoring.

Registered in England/Wales under the registration number 01264416, with a registered address at KT14 7JL, Byfleet, Surrey, Cyan House, 1 Canada Road.

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