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Gallito Group Ltd – In Administration

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Information

Overview

  • Gallito Limited design and manufacture supply only and full turnkey surface preparation solutions
  • Bespoke product manufacturing to meet customers specific requirements
  • The business operates from a leasehold premises in Wetherby, West Yorkshire. One year is remaining on the current lease
  • A number of repeat customers and resellers of Gallito products
  • Skilled and experienced workforce Financials
  • The business has provided financial information for the 9-month period to 30 September 2021
  • £1.079 million revenue has been generated for the 9 month period, achieving a gross margin of 23%
  • Recent trading results have been affected by performance of onerous contracts

Asset Base

The business utilises modern (Computer Numerical Controlled (CNC) laser cutting and folding machinery, including:

  • 2kW fibre laser (2015)
  • 4m 250t hydraulic press brake (2019)
  • 3m 100t hydraulic press brake (2015)
  • Wider manufacturing and warehouse equipment also available
  • Machinery is from highly reputable suppliers and can be used for a variety of purposes
  • Sheet metal and finished good stock available

Next steps

  • Expressions of interest are required by close of business on 25th May 2022 with indicative offers by close of business on 26th May 2022
  • For further information please contact Grant Thornton using the details below

Enquiries should be directed to:

Richard Oddy

Director
M: +44 (0)7812 347936
E: [email protected]

Mathew Jagger

Assistant Manager
M: +44 (0)113 245 5514
E: [email protected]

 

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