Gp Tuning Ltd
- Small
- Active
- 8 years
- 9 employees
- £257,696 (assets)
- Real address
- 2 directors
- 3 owners
- Irregular importer
- Irregular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Gp Tuning Ltd is a small, active company based in Bedford, UK, founded eight years ago in 2016. With £184,297 in assets and a real registered address, it employs just two people and is run by two directors and three owners. It’s a family business, and the company operates in the maintenance and repair of motor vehicles. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with irregular activity recorded, the latest import in May 2022 and the latest export in November 2024.
The company’s website is non-existent, so it’s impossible to determine if it has an e-commerce presence or if it operates solely as a business-to-business service provider. It’s likely a local operation, relying on word-of-mouth and direct customer relationships.
Financially, Gp Tuning Ltd presents a mixed picture. While net assets increased by a substantial 260%, reaching £85,000, cash reserves also increased significantly, rising 160% to £170,000. Bank borrowings, however, have surged by 190%, reaching £33,000, suggesting increased reliance on credit. Creditors have also increased by 140%, reaching £140,000, which could be related to the increased borrowing. 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 remain flexible, but the increased debt warrants attention. There is no auditor mentioned, so the financial statements are unaudited.
Overall, Gp Tuning Ltd appears to be growing, but the increased debt levels suggest a need for careful financial management. The company’s success will likely depend on its ability to maintain its reputation for quality service and attract new customers in the competitive automotive repair market.
Registered in England/Wales under the registration number 10530985, with a registered address at MK42 7AF, England, Bedford, 44 Singer Way, Kempston.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 1 year
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
- 1
-
Resident of United Kingdom
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Amended total exemption full accounts made up to 2023-12-31Download 9 pages pdf report
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Total exemption full accounts made up to 2024-12-31Download 10 pages pdf report
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Confirmation statement made on 2025-02-09 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Gp Tuning Ltd
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