Gainsborough Giftware Limited

Gainsborough Giftware Limited is a small, family-run business based in Gainsborough, Lincolnshire, UK. Established fourteen years ago in December 2010, the company is currently active and employs thirty-four people. With assets totaling £1,772,705, it operates from a real address on Heapham Road Industrial Estate and is overseen by four directors and four owners. The business specializes in wholesale giftware, supplying trade customers with a wide range of products, including gifts, homeware, and licensed merchandise. It’s a supplier to the trade since 1977.

The company’s website showcases a vast selection of products, catering to various occasions and tastes. It operates an e-commerce platform, allowing customers to browse and purchase items online. The site is well-organized, with clear categories and product descriptions, and highlights a focus on trending gifts and decorations. It also offers a showroom for customers to view products in person.

Financially, Gainsborough Giftware Limited demonstrates a mixed picture. While cash bank on hand increased by a healthy 6.2% to £980,000, current assets decreased by 5.3% to £1,800,000. Debtor values have increased significantly, jumping 100% to £200,000, which could indicate a period of growth or potential challenges in collecting payments. Creditors also decreased by 16%, suggesting improved debt management. The company’s size – meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – allows for flexibility, but the increase in bank borrowings by 2400% to £29,000 and a decrease in accrued liabilities by 54% to £5,000 warrants closer observation. The unaudited financial statements, exempt due to its small size, rely on director-reported data. The company’s net assets remained steady at £1,900,000.

The company is a regular importer of ceramic products, with nineteen months of import activity recorded, and a regular exporter, with nine months of export activity. The company’s net current assets liabilities remained steady at £1,300,000.

Registered in England/Wales under the registration number 07468722, with a registered address at DN21 1FJ, Gainsborough, Lincolnshire, 1 Caldicott Drive, Heapham Road Industrial Estate.

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