Garlands Limited

Garlands Limited, a small, active company based in Staffordshire, UK, has been operating for 43 years, founded back in 1981. With six employees and £1,087,076 in assets, it's a family-run business boasting a solid 4.0 Google rating from ten reviews. The company has three directors and a single owner, Garland James Henry, who also serves as a secretary. It operates from a real address in Edingale Tamworth and is classified as a solo founder. The company imports footwear and related items, although imports have been infrequent, with the last recorded activity occurring over a year ago in November 01, 2016.

Garlands Limited’s primary focus is the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles, as well as clothing in specialised stores. Its website, garlandproducts.co.uk, features a simple design with a focus on telephone and email contact. It includes options for UK trade users and a link to its main site, along with sections for about us, products, how to buy, news, recycling information, and contact details. The site also has a section for online shopping, though its functionality isn’s immediately obvious.

Financially, Garlands Limited shows a mixed picture. Current assets have decreased by 7.1% to £1,100,000, while net assets have fallen by 18% to £140,000. Bank borrowings have also decreased, down 12% to £130,000, and cash reserves have seen a significant drop of 58% to just £5,400. On the positive side, creditors have been reduced by 3.9% to £600,000, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit, relying on unaudited accounts.

Overall, Garlands Limited appears to be facing some financial pressures, with declining assets and cash reserves. However, the reduction in creditors indicates a focus on managing debt. The company’s long history and established presence in the market, combined with its small size and agility, could help it weather these challenges. It’s a company that’s been around for a while, and while things aren’t booming, it seems to be holding its own.

Registered in England/Wales under the registration number 01584880, with a registered address at B79 9JR, Staffordshire, Raddle Lane, Edingale Tamworth.

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