Gortrush Trading Limited

Gortrush Trading Ltd from Omagh UK: a large company, holding company, active status, founded 15 years ago, with a real address, two directors, one owner, and a Google rating of 5.0 based on two reviews. It’s an irregular importer of essential oils and perfumes, with just one month of imports recorded.

The company operates in the non-specialised wholesale trade industries and is a holding company. It was incorporated fifteen years ago on April 08, 2010, and its address at 32b Deverney Road is likely real, as only one other company is registered there. The company has two directors, and the list of directors was changed four months ago, which is a good sign. It is owned by Nic Enterprises Ltd, and the list of owners was changed four years ago.

The company's website is currently unavailable, making it difficult to assess its e-commerce presence or specific product offerings.

Financially, Gortrush Trading Ltd presents a concerning picture. While it’s classified as a large company—meeting two of three criteria with turnover exceeding £36 million, a balance sheet total of over £18 million, and more than 250 employees—its recent financial statements reveal significant challenges. Administrative expenses have risen to £290,000, while bank borrowings have increased dramatically, jumping 100% to £0. Cash reserves have vanished completely, and current assets have plummeted 100% to £0. Debtors have also disappeared, and equity has fallen 100% to -£8800. Despite a decrease in creditors, the overall trend points to a company struggling to manage its finances. It’s worth noting that the company’s auditor, Ernst & Young LLP, has reported that the financial statements are prepared on a basis other than going concern.

The company's irregular import activity—primarily essential oils and perfumes—suggests a fluctuating demand or supply chain issues. The lack of a robust online presence, coupled with the concerning financial trends, raises questions about its long-term viability.

Registered in Northern Ireland under the registration number NI602780, with a registered address at BT79 0ND, Northern Ireland, Omagh, 32b Deverney Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.