Eliza Grace Limited

Eliza Grace Limited is a small, active company based in Newtownards, UK, founded seven years ago in 2017. With just two employees and £155,396 in assets, it operates as a solo-founded e-commerce business under the direction of a single director and owner, Kidd-beggs Tonya. The company’s registered address is real, with only one other company registered at the same location.

The company’s website, Eliza Grace UK, specializes in personalized gifts, particularly wedding gifts and keepsakes. It offers a range of products, from traditional Christmas stockings to memory cushions made from cherished clothing items—a unique and sentimental offering. The site also features sporting gifts and personalized sacks, catering to a diverse range of occasions. The website is clearly focused on e-commerce, with a clean design and easy navigation, and a focus on customer reviews and satisfaction.

Financially, Eliza Grace Limited’s picture is mixed. While net assets decreased by 23% to -£960,000, cash bank on hand increased dramatically by 32,000%, reaching £5,100. Creditors increased by 31%, reaching £1,000,000, and debtors increased by 26% to £8,400. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the significant loss and increased liabilities are concerning. The company is exempt from an audit, so the figures are unaudited. It's likely that the company is burning through cash to grow its e-commerce business, but it remains to be seen if it can achieve profitability.

Registered in Northern Ireland under the registration number NI645359, with a registered address at BT23 4BX, Northern Ireland, Newtownards, 4 Glenford Way.

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