Gwt Plant Hire Limited

Gwt Plant Hire Ltd from Stonehaven UK is a small, active company founded 19 years ago. With 8 employees and £397,110 in assets, it’s a family business boasting a perfect 5.0 Google rating from 12 reviews. The company operates as a regular importer of vehicles, parts, and accessories (excluding trains and trams), with 57 months of import activity recorded. It has two directors and two owners, and its registered address is real, shared by only one other company.

The company specializes in groundcare machinery, offering sales, repairs, and rentals of ATVs, utility machinery, and ride-on mowers. It’s an official dealer for BRP CanAm off-road vehicles and operates a fully equipped workshop. The website highlights its range of new and used machinery, spare parts, and services, catering to both professional and domestic users.

Financially, Gwt Plant Hire Ltd shows a mixed picture. Current assets increased by 4.4% to £400,000, while net assets rose a substantial 73% to £180,000. Cash reserves saw a significant boost, increasing by 59% to £94,000. However, bank borrowings decreased by 41%, and trade debtors dropped by 29%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in creditors is a little concerning. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data reveals a positive trend overall, with increased assets and cash reserves. It seems to be managing its debts effectively, and the growth in cash reserves is a good sign. However, the decrease in creditors could be a sign of a slowdown in sales, or it could be a deliberate strategy to reduce debt. It's difficult to say for sure without more information.

Registered in Scotland under the registration number SC301690, with a registered address at AB39 3YS, Scotland, Stonehaven, Glenview School Road, Drumlithie.

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