Gute Ltd

Gute Ltd from Walthamstow UK: a small holding company with an active status, was founded 19 years ago. It employs four people and holds £845,374 in assets, operating from a virtual address. With two directors and one owner, the company is an irregular importer of stone, plaster, cement, and similar material products, with just one month of imports recorded as of July 01, 2022.

The company’s website details Gute Ltd as specialists in workplace and residential building, fitout, and refurbishment. They offer a range of services, including residential refurbishment, office relocation, design consultancy, and mechanical electrical installments. Their focus is on creating engaging environments that lead modern business trends, emphasizing connections, productivity, and functionality. The website highlights a commitment to building long-term relationships and workspaces people can be proud of. They even have a section dedicated to “Meet the Team,” showcasing their 15 years of experience.

Financially, Gute Ltd's report reveals a concerning trend. Current assets have decreased significantly by 33%, dropping to £850,000. Net assets have also fallen sharply, declining 44% to £12,000. Bank borrowings have remained steady, while cash reserves have decreased by 7.3% to £33,000. Creditors have seen a dramatic reduction of 35%, suggesting improved debt management. Trade debtors have also fallen by 60%, which could be a positive sign. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the sharp decline in equity raises questions. The company is exempt from an audit, so the figures are unaudited.

The company’s financial health appears to be under pressure, though debt management has improved. The business is likely facing challenges, but its focus on quality and client collaboration may help it navigate these difficulties.

Registered in England/Wales under the registration number 05595074, with a registered address at E17 4EE, England, Walthamstow, London, Sterling House, Fulbourne Road.

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