Geet Fashion Ltd

Geet Fashion Ltd from London UK: a small, active company founded four years ago, employs just one person, and holds £43,486 in assets. It’s a solo venture led by a single director and owner, operating through an e-commerce site. The company meets two of the three criteria to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The website, Geet London, showcases a diverse range of clocks, radios, and chargers, many featuring wooden designs and unique lighting options. It's clearly aimed at customers seeking stylish and functional home accessories. Products range from simple clocks to more elaborate 3D gear clocks and FM radios—with a focus on combining aesthetics and practicality. The site highlights "time for you," suggesting a brand identity centered on enhancing everyday life. It’s a busy site, with lots of products on offer.

Financially, Geet Fashion Ltd presents a mixed picture. Current assets have fallen by 8.4% to £43,000, while net assets have risen by 18% to £22,000. Cash bank on hand has increased by a healthy 22% to £32,000, which is good news. However, debtors have plummeted by a significant 86%, indicating potential issues with collecting payments. Loans from directors have also decreased by 23%, and other creditors have risen by 58%. The lack of employees (just one reported) keeps overheads low, but the decrease in debtors is concerning. As a small company, it’s exempt from an audit, so the figures are unaudited.

It seems like Geet Fashion Ltd is managing, but the decrease in debtors could be a sign of challenges ahead. The focus on unique products and a strong online presence could help sustain the business, but keeping an eye on cash flow will be crucial.

Registered in England/Wales under the registration number 13053358, with a registered address at WC2E 8BD, England, London, Jubilee Market Hall, 1 Tavistock Court, Piazza.

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