Gemini Capital Llp

Gemini Capital LLP from Borehamwood, UK, is a large holding company with an active status, established thirteen years ago in July 2011. Despite having just two employees, the company boasts significant assets of £928,301 and generates £939,064 in yearly revenue. The registered address is a virtual one, with 268 other companies registered at the same location, which raises some questions. The company is overseen by four directors and owned by three individuals, and is described as a family business. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded in 2018.

The company's website highlights its focus on "managing and preserving wealth for current and future generations," offering services as a private investment office. It caters to professional clients, emphasizing regulatory compliance with the Financial Conduct Authority. The site mentions bespoke services and positions Gemini Capital LLP as a limited liability partnership authorised and regulated by the FCA. The website also mentions a team and client section, but these are not detailed.

Financially, Gemini Capital LLP shows a mixed picture. While net assets increased by 15% to £930,000, cash reserves decreased by 34% to £140,000. Bank borrowings increased by a significant 2,400%, reaching £29,000. Trade debtors rose by 31%, suggesting a reliance on customer payments, and creditors decreased by 20%. The company’s turnover increased by 8.6% to £940,000, but losses deepened to -£23,000. The company is exempt from an audit, so the figures are unaudited. Despite the growth in turnover, the increased reliance on debt and the deeper losses suggest the company is burning through cash. The lack of employees and the reliance on debt could be a sign of a lean operation, but it also raises concerns about the company’s long-term sustainability.

Registered in England/Wales under the registration number OC366832, with a registered address at WD6 1JD, Borehamwood, Hertfordshire, 5 Elstree Gate, Elstree Way.

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