Gw Equipment Ltd

Gw Equipment Ltd, based in Durham, UK, is a small, active company founded six years ago. With two employees and £427,433 in assets, it's a solo-founder operation led by a single director and owner, Murphy Jonathan James Clark. The company holds a respectable 4.0 Google rating from six reviews and regularly imports electrical machinery and equipment – 25 months of import activity recorded, the latest in January 2025.

The business operates in the retail sale via mail order houses or via internet industries, and its website, GW Commercial, specializes in supplying, installing, and servicing commercial laundry, dishwashing, and catering equipment across the South East of England. Founded in 2012, it’s a family-run business with nearly 12 years of experience, offering everything from washing machines to refrigeration systems. They even provide rapid repair services, aiming for same-day or next-day fixes.

Financially, Gw Equipment Ltd shows a mixed picture. Current assets increased by 37% to £430,000, while net assets grew by 57% to £390,000 – a positive trend. However, accumulated depreciation on motor vehicles increased significantly by 75%, suggesting increased wear and tear on equipment. Cash bank on hand increased by 21% to £27,000, which is good. Trade creditors decreased by 40%, indicating better management of short-term debts. 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 stay nimble, but the increase in depreciation raises questions about equipment maintenance. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Gw Equipment Ltd appears to be holding its own, benefiting from its established presence and diverse service offerings. The growth in assets and cash reserves is encouraging, but the increased depreciation warrants attention.

Registered in England/Wales under the registration number 11433505, with a registered address at DH1 1TN, England, Durham, Unit 11 (C/O Gnoc), Sunflag Business Park.

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