Gearbybear Ltd

Gearbybear Ltd, based in Marden, UK, is a small, active company founded seven years ago in 2017. With four employees and £329,465 in assets, it operates as a solo-founded e-commerce site with a stellar 5.0 Google rating from three reviews. The company regularly imports electrical machinery and equipment, with 13 months of import activity recorded, the latest in January 2025.

Gearbybear’s website, GearbyBear Safety, focuses on providing safety equipment and solutions. It sells items like fall protection gear, hazardous waste containers, lockout/tagout solutions, masks, safety tagging, and spill control products. The site emphasizes safety lights, safety barriers, forklift safety solutions, and offers a downloadable catalogue. It also provides safety inspection tags and offers a VIP club for customers. The website's design is clean and professional, with a clear focus on safety and reliability.

Financially, Gearbybear Ltd presents a mixed picture. Cash bank on hand decreased by 41% to £65,000, while current assets fell by 5.4% to £330,000. Trade debtors significantly dropped by 29%, which could indicate improved collection efforts, but also possibly a slowdown in sales. Creditors increased by 61%, and other creditors jumped 71%, suggesting increased reliance on short-term financing. Equity decreased by 27%, a notable decline. Despite these challenges, the company’s small size (meeting two of three criteria for being a small company) allows it to remain flexible. No auditor is mentioned, which is common for companies of this size.

The decrease in equity and the increase in creditors are concerning, but the company's strong Google rating and focus on a specific niche—safety equipment—suggest a potential for future growth. It's likely that the company is navigating the typical challenges of a growing business, and the decrease in cash reserves may be a temporary setback.

Registered in England/Wales under the registration number 10872067, with a registered address at TN12 9QJ, England, Marden, Kent, Unit 6 Crest Industrial Estate, Pattenden Lane, Tonbridge.

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