Gappy Grin Ltd
- Small
- Active
- 3 years
- £374 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Gappy Grin Ltd is a small, active company based in London, UK, founded three years ago in 2021. It operates as a solo-founded e-commerce site with a virtual address and is managed by a single director and owner. The company specializes in retail, offering a wide range of products for young children, including clothing, accessories, natural toiletries, and eco-friendly toys.
The Gappy Grin website showcases a vibrant online store with a focus on sustainable and organic products. It features a wide selection of clothing, bath products, feeding essentials, and toys, all catering to the needs of young children. The site offers international shipping and supports multiple currencies, expanding its reach to customers worldwide. It's a well-designed site, easy to navigate, and with a clean aesthetic.
Financially, Gappy Grin Ltd presents a mixed picture. Current assets have increased by 120% to £370, but net assets have fallen by 96% to -£4300. Cash reserves have increased significantly by 670% to £190, while bank borrowings remain at zero. Trade debtors have increased by 26% to £180. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the large equity decline is concerning. There's no auditor mentioned, so the figures are unaudited.
Despite the negative equity, the increase in cash reserves suggests improved cash flow management. However, the company’s reliance on trade debtors and the lack of employee reporting indicates a lean operation that may be facing financial pressures. It’s clear that Gappy Grin Ltd is a startup still navigating the challenges of building a sustainable business, and its future success will depend on its ability to generate profits and manage its finances effectively.
Registered in England/Wales under the registration number 13974222, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Nguyen Hoang Huong Ly
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Nguyen Hoang Huong Ly
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-03-16 with no updatesDownload 3 pages pdf report
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Unaudited abridged accounts made up to 2024-03-31Download 13 pages pdf report
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Confirmation statement made on 2024-03-11 with no updatesDownload 3 pages pdf report
FAQ about Gappy Grin Ltd
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