Gadget Express Limited

Gadget Express Ltd, based in Nottingham, UK, is a small, active company founded 14 years ago. With 14 employees and £310,142 in assets, it’s a family business operating an e-commerce site. It has a 3.0 Google rating from 16 reviews. The company regularly imports goods, although the specific category is not listed, with the last import operation recorded 61 months ago.

The company’s website showcases a range of refurbished electronics, including laptops, all-in-one computers, and desktop PCs. It offers fast delivery options, including two-hour delivery from the Apple Store, and emphasizes peace of mind with a one-year warranty and included documents. Gadget Express Ltd caters to both commercial and individual customers, offering a wide selection of Apple products and PC accessories.

Financially, Gadget Express Ltd has experienced some concerning trends. Current assets have decreased by 13% to £310,000, while net assets have plummeted 150% to -£6,100. Bank borrowings have increased by 14% to £35,000, and cash reserves have fallen by 9% to £130,000. Creditors have also risen, suggesting a need to manage debt more effectively. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the sharp decline in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.

Despite these challenges, Gadget Express Ltd continues to operate, offering a range of refurbished electronics. Whether it can overcome these financial pressures and sustain its growth remains to be seen—but for now, it’s betting on its competitive pricing and customer service to keep the business afloat.

Registered in England/Wales under the registration number 07515313, with a registered address at NG12 3HA, England, Nottingham, Unit 2 Colliers Way, Cotgrave.

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