Genesis Publications Limited

Genesis Publications Ltd, based in Borehamwood, UK, is a small holding company with an active status, celebrating its 50th anniversary this year. Employing twelve people and holding assets of £2,568,111, the company operates from a virtual address, managed by three directors and one owner. It’s a regular importer of printed materials like books, newspapers, and pictures, with five months of import activity recorded, and a consistent exporter, boasting 114 months of export activity.

The company’s website showcases a collection of limited-edition books and prints, often signed by renowned artists and musicians, catering to a niche market of collectors and enthusiasts. From Beatles editions to works by Bob Marley and Queen, Genesis Publications positions itself as a publisher of high-quality, signed memorabilia. It's clear they're not a typical e-commerce site; instead, it’s a curated online gallery showcasing their unique publications.

Financially, Genesis Publications Ltd presents a mixed picture. While current assets increased by 11%, reaching £2,600,000, net assets experienced a significant drop of 24%, settling at £320,000. Bank borrowings decreased by 14%, falling to £38,000, but cash reserves also declined by 35%, ending at £70,000. Creditors, however, increased by 19%, reaching £1,200,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The decrease in equity, despite increased assets, suggests potential challenges in profitability. The company’s reliance on limited-edition publications and a high-end market could be both a strength and a vulnerability, depending on consumer demand. It’s clear that Genesis Publications Ltd is a unique entity, blending publishing, art, and memorabilia—a business that’s weathered fifty years, but faces ongoing pressures in a changing market.

Registered in England/Wales under the registration number 01206787, 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.