Hillebrand Gori Scotland Ltd

Hillebrand Gori Scotland Ltd, based in Renfrew, UK, is a large, active company established 45 years ago. Employing 66 people, it holds assets worth £6,536,584 and generates a yearly revenue of £39,393,061. With a real address and four directors, plus one owner, the company is a regular exporter of drinks, alcohol, and vinegar, with 42 months of export activity recorded.

The company operates within the transportation support activities industries, and its website, while not detailing e-commerce, suggests a focus on logistics and supply chain solutions. It’s unclear if the company has a public-facing website beyond its listing on Companies House.

Financially, Hillebrand Gori Scotland Ltd presents a mixed picture. While turnover remains strong at £39 million, net assets have taken a significant hit, dropping 140% to -£11 million. Cash reserves have also declined sharply, falling 71% to just £4,100. Bank borrowings have surged by 2,400%, reaching £29,000. Creditors decreased by 18%, which is a positive sign. The company meets the criteria for a large company, having turnover over £36 million, balance sheet total over £18 million, and more than 250 employees. The lack of an auditor mentioned likely stems from the company’s exemption as a small company, meaning the figures are unaudited.

The significant decline in net assets suggests potential financial strain, possibly due to increased borrowing or investments. However, the continued strong revenue indicates ongoing demand for its services. The company's long history and established export operations provide a solid foundation, but managing its debt will be crucial for future success.

Registered in Scotland under the registration number SC070599, with a registered address at PA4 8YU, Scotland, Renfrew, Riverside Braehead, 4 Kings Inch Way.

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