Gablemere Limited

Gablemere Ltd from Radlett UK: a small, active company founded 32 years ago, employs 15 people, and holds £933,137 in assets. Operating from a virtual address, it’s a family business with four directors and two owners, boasting a Google rating of 4.0 based on seven reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 210 months of import activity recorded. The company operates in the other service activities n.e.c. industries.

The business runs an e-commerce site, and while details are scarce, it appears to be focused on providing services and potentially importing goods for resale. The virtual address, shared by seventeen other companies, suggests a cost-saving measure, but also raises questions about the physical location of operations. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Gablemere Ltd shows a mixed picture. Current assets have decreased by 28%, dropping to £930,000, while net assets have also fallen by 24%, settling at £830,000. Bank borrowings have dramatically reduced, falling by 100% to zero, and cash reserves have seen a significant boost, increasing by 3300% to £60,000. Creditors have also decreased by 47%, indicating improved debt management. Trade debtors have fallen by 40%, suggesting quicker payments from customers. The company’s small size helps it remain agile, but the decline in equity raises some concerns. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s financial trends suggest a period of adjustment. While cash reserves have improved, the decline in assets and equity could be a result of increased investment or changing market conditions. The lack of information about the e-commerce site’s performance makes it difficult to assess the company’s overall health, but the positive Google rating suggests customer satisfaction.

Registered in England/Wales under the registration number 02819641, with a registered address at WD7 7AR, Radlett, Hertfordshire, C/O Nagler Simmons, 5 Beaumont, Gate, Shenley Hill.

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