GIMA (UK) LIMITED

1. GIMA (UK) LIMITED 1998-10-09 → present
2. BASAK (UK) LIMITED 1998-09-25 → 1998-10-09

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

ASL Partners Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Director has assessed the company's forecasts and projections for a period of 12 months from signing these accounts and is confident that the company has access to sufficient financial resources to meet its liabilities as and when they fall due and continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “Sales increased by £1.1m (1.6%) to £71.2m.”
• “Gross margin increased to 20.40% (2023: 19.58%).”
• “Profit before tax was up by £726k (26%) from last year.”
• “The Company has had a very encouraging year with a solid set of results.”
• “an additional, recently completed, fully functioning warehouse within the M25 area of Greater London.”
• “Stock levels increased by 2.5% to £7.3m from last year to fulfil increasing product demand.”
• “The Company expects taxation and levies to increase the cost burden and therefore reduce future profits. There are several levies and taxes of note. Packaging Waste compliance Levy: The Producer Responsibility Obligations (Packaging Waste) Regulations 2007 (as amended) oblige companies to recycle packaging waste to meet national targets.”
• “Brexit is still highly relevant in the UK, impacting its economy, politics, and relationship with the European Union.”
• “UK economy continues to experience disruption due to the combined effects of Brexit, the Russo-Ukrainian War and other international tensions.”
• “HGV qualified driver shortages. The Company is directly affected by the lack of qualified drivers on our own fleet. The Company has mitigated this by hiring more agency staff at a higher cost.”
• “Lack of warehouse staff. The Company works closely with existing staff to improve retention. In addition, the Company has actively used agency staff to supplement its workforce.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.6%

  £70,175,245 → £71,276,236

• Cash

  -30.7%

  £5,590,648 → £3,872,043

• Net assets

  +14.5%

  £17,573,485 → £20,123,802

• Employees

  -2.5%

  241 → 235

• Operating profit

  +15.8%

  £3,131,228 → £3,626,588

• Profit before tax

  +25.6%

  £2,833,180 → £3,559,565

• Wages

  +4%

  £5,316,650 → £5,530,971

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers