Gemstone Fireworks Uk Ltd

Gemstone Fireworks Uk Ltd from Bolton UK: a small, active company founded six years ago, holds £553,608 in assets, and operates from a real address. It’s managed by two directors and owned by two individuals, and runs an e-commerce site. The company is an irregular importer of paper and paperboard products, with just one month of import activity recorded as of October 2022.

The company’s website, Gemstone Fireworks, focuses on supplying consumer fireworks throughout the UK, exclusively to approved retailers. The site offers a wide range of fireworks, from sparklers and bulk buys to compound cakes and rockets, with a dedicated section for gender reveal fireworks. It also provides information on safety, addresses, FAQs, and payment methods. The website has a cart and login section, and uses cookies to improve the user experience.

Financially, Gemstone Fireworks Uk Ltd shows a mixed picture. Current assets have increased by 38% to £550,000, while net assets have improved dramatically, rising 110% to £980. Cash reserves have also increased by 14% to £53,000. However, creditors have increased by 34%, reaching £550,000, and bank borrowings have risen by 43%, reaching £550,000. 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 increased debt raises questions. The accounts are described as “filleted” and unaudited, relying on director-reported data. No auditor is mentioned.

Overall, Gemstone Fireworks Uk Ltd appears to be growing, but it’s also taking on more debt. The company's focus on wholesale distribution and its online presence suggest a deliberate strategy, but the financial pressures need to be monitored closely.

Registered in England/Wales under the registration number 11798445, with a registered address at BL4 9JB, England, Bolton, 218 Albert Road, Farnworth.

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