GULMAY HOLDINGS LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-03-28.

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

• Turnover

  -7.6%

  £26,285,723 → £24,300,301

• Cash

  +54.9%

  £945,724 → £1,465,184

  highest in 5 filed years

• Net assets

  +2.7%

  £9,001,057 → £9,244,127

• Employees

  -7.9%

  139 → 128

• Operating profit

  -81.8%

  £1,230,701 → £223,962

• Profit before tax

  -89.8%

  £1,115,242 → £114,201

• Wages

  -4.2%

  £6,533,680 → £6,259,539

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

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

Consolidated group

Auditor

THP Chartered Accountants and Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. GULMAY HOLDINGS LIMITED · parent
   1. Gulmay GmbH 100% · Germany · Distribution
   2. Gulmay Incorporated 100% · USA · Sales and manufacturing
   3. Gulmay Limited 100% · England and Wales · Design and manufacturing
   4. Gulmay Electronic Equipment (Shanghai) Co. Ltd 100% · China · Sales and distribution
   5. West-Tek Limited 100% · England and Wales · Dormant

Significant events

• “The directors are disappointed with the reduction in turnover, but it is as expected given the impact of the global market challenges and their impact on some key customers of the group. Deliveries were delayed by the directors to mitigate the risk, where key customer payments were outside terms. The turnover has recovered in the group in 2026.”
• “The Ukraine crisis has also given rise to an increase in commodity pricing, especially for materials such as steel and copper where sanctions have been applied to the producers in the Russian federation.”
• “new and upgraded products have been developed and are coming into production, this together with an increase in demand from across the customer base, and improvements in the supply chain will result in an increase in the group's global activities and future sales.”

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

Filings

1

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.