Ds Gifts Ltd

Ds Gifts Ltd is a small, active company based in London, UK, founded seven years ago in 2018. It operates as an e-commerce site, selling a wide range of products from Apple devices and cakes to toys and liquor. The company employs one person and holds £1,792,347 in assets, with a real registered address and one director and owner – Sarac Harun, who is also the solo founder. It regularly imports glass and glassware, with nineteen months of import activity recorded.

The company's website showcases a diverse product catalog, catering to various occasions and tastes. From chocolates and flowers to watches and perfumes, Ds Gifts Ltd aims to be a one-stop shop for gift-giving in Nepal. The site offers a variety of options, including customized gifts and special combo deals, and even provides services like cake delivery. It's clear they're targeting the Nepali market, with a dedicated section for Nepali Rupees and promotions tailored to local events.

Financially, Ds Gifts Ltd presents a mixed picture. While current assets have increased significantly to £1,800,000, net assets have plummeted to -£110,000 – a considerable drop. Cash reserves have also fallen by 260%, sitting at just £360,000. Trade debtors have ballooned by 300%, reaching £1,400,000, suggesting potential issues with customer payments or an expansion of credit terms. Creditors have also risen substantially, increasing by 370% to £1,900,000. The company’s small size (meeting two of three criteria for a small company) helps it remain nimble, but the equity decline is concerning. The accounts are abridged and unaudited, relying on director-reported data.

Overall, Ds Gifts Ltd appears to be facing financial challenges despite its active e-commerce operations. The company’s reliance on imports and its diverse product range suggest a focus on growth, but the declining equity and rising debts raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 11292610, with a registered address at SW1P 2BP, England, London, Apartment 61 Pelham House, 65 Great Peter Street.

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