Woolley Gmc Engineering Company Limited

Woolley Gmc Engineering Company Limited, based in Syston, UK, is a medium-sized engineering firm with a solid 47-year history. The company, currently active, employs 63 people and boasts assets of £11,960,989 and yearly revenue of £13,737,735. While it has a registered address, thirteen companies share the same location, suggesting a potentially virtual address. The business is managed by four directors and has one owner, and enjoys a respectable Google rating of 4.0 based on 28 reviews.

Woolley Gmc Engineering is a regular importer of iron or steel products, having imported for 34 months, with the latest import occurring in February 2025. It’s also a consistent exporter of machinery, boilers, and mechanical appliances, having exported for 117 months, with the last export also in February 2025. The company’s website reveals a broader group of engineering businesses, including Shield Group Engineering, Bridge Aluminium, and Burrows Smith, each specializing in different aspects of precision engineering and manufacturing. Shield Group Engineering, in particular, provides machining and assembly solutions for industries like power generation and automotive.

Financially, Woolley Gmc Engineering shows some interesting trends. Accrued liabilities decreased by 8.3%, while depreciation on plant and machinery increased by 8.1%. Bank borrowings are up significantly, and cash bank on hand rose by 9.9%. The company’s net assets increased by 4.8% to £9.9 million. The deferred tax credit decreased, and the company’s losses increased to £460,000. The company’s turnover decreased by 8.4% to £14 million. While the company is meeting the criteria for a medium-sized company, the increase in losses and bank borrowings suggests potential financial pressures. The lack of an auditor mentioned likely means the accounts are unaudited. Overall, Woolley Gmc Engineering appears to be a stable, long-standing business, but the recent financial results warrant closer monitoring.

Registered in England/Wales under the registration number 01352834, with a registered address at LE7 1NL, Syston, Leicestershire, 365 Fosse Way.

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