Gaddum & Gaddum Limited

Gaddum & Gaddum Limited, based in Leek, UK, is a small, family-run business with an active status, having been established 18 years ago. The company employs just two people and holds £54,687 in assets. With three directors and two owners, it’s a tight-knit operation operating from a real address. The business is a regular importer of stone, plaster, cement, and similar material products, with 32 months of import activity recorded, the latest in February 2025. It also exports these same materials, though less frequently, with just 3 months of export activity as of July 2022.

The company’s website, salesgaddumandgaddum.co.uk, reveals a focus on supplying silk, silk blends, and technical yarns for a wide range of applications. It positions itself as a leading UK supplier, catering to the apparel, technical, and industrial textile fields. The Gaddum Group also incorporates Harry Gaddum Clothing, suggesting a broader textile heritage. The site emphasizes innovative products and niche markets, hinting at a specialized approach to the textile industry. It’s clear that the company has been trading in textiles since 1826, strengthening early trading partnerships with China, Japan and Europe.

Financially, Gaddum & Gaddum Limited presents a mixed picture. Current assets have significantly dropped by 46%, falling to £55,000, while net assets have plummeted 71%, ending at just £25,000. Cash reserves have also taken a hit, decreasing by 74% to £18,000. Trade debtors have exploded, increasing by 5000%, reaching £22,000, which could indicate challenges in collecting payments or an expansion of credit terms. Creditors have also increased, rising by 92% to £55,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a cause for concern. No auditor is mentioned, likely due to the company’s small size and exemption from audit. The company’s increase in depreciation for plant machinery is a sign that it is investing in its operations.

Registered in England/Wales under the registration number 05980988, with a registered address at ST13 7SE, United Kingdom, Leek, Pewit Hall Farm, Onecote.

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