General Stores Online Limited

General Stores Online Ltd from Westbury UK is a small, active company founded twelve years ago. It’s a family business with two directors and two owners, employing just two people and holding assets of £125,045. The company operates from a real address and regularly imports umbrellas, sun umbrellas, walking sticks, and similar items—a trend that continued through October 2024. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s core business involves retail sale via mail order houses or via internet industries. While no website is currently available to analyze, this suggests a focus on direct sales channels rather than a prominent online storefront.

Financially, General Stores Online Ltd presents a mixed picture. Current assets have decreased by 19% to £130,000, and net assets have fallen by 24% to £250. Bank borrowings have decreased significantly by 47%, reaching £23,000, and cash reserves have increased by 140% to £14,000. Creditors have also decreased by 3.3%, suggesting improved debt management. The company's small size helps it stay agile, but the decrease in equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s tax expense is based on taxable profit for the year.

Overall, General Stores Online Ltd appears to be navigating a period of change. While the decrease in assets and equity is concerning, the increase in cash reserves and the decrease in bank borrowings indicate a potential for stability.

Registered in England/Wales under the registration number 08357532, with a registered address at BA13 4GS, United Kingdom, Westbury, Wiltshire, Unit 18 Unit 18, The Toogoods Centre, Commerce Close.

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