Gadgetsville Ltd

Gadgetsville Ltd, based in Doncaster, UK, is a small, active company founded 14 years ago. Despite confirmation being overdue by 22 days, it remains a functioning business with two employees and £133,629 in assets. The company, owned by Beswick Mark and Morrison Mark, operates an e-commerce site and has a respectable Google rating of 4.0 based on 21 reviews.

Gadgetsville Ltd focuses on retail sale via mail order houses or via internet industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company's website suggests a focus on electronics and gadgets, although details are limited.

Financially, Gadgetsville Ltd presents a mixed picture. Current assets have decreased by 5.4% to £130,000, while net assets have fallen by 2.1% to -£10,000. Bank borrowings have increased significantly by 69%, reaching £19,000, and cash reserves have fallen by 4.8% to £11,000. Creditors have also decreased by 9.3% to £100,000. The company’s directors have elected not to deliver a profit and loss account. With no auditor mentioned, the figures are unaudited. The increase in bank borrowings, combined with the negative equity, suggests the company may be burning through cash, although the decrease in creditors hints at better debt management. The company’s small size allows for agility, but the financial pressures are noticeable.

Registered in England/Wales under the registration number 07560703, with a registered address at DN5 8HD, Doncaster, 1a Somersby Avenue.

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