Geodyst Limited

Geodyst Limited, based in Stamford, UK, is a small, active company founded four years ago. It holds £14,477 in assets and generates £80,618 in yearly revenue, operating from a real address and managed by two directors and three owners. The company is an irregular importer, primarily dealing in essential oils and perfumes, with just one month of import activity recorded as of May 2022.

The company’s website, GEODYST, simply states "You need to enable JavaScript to run this app," offering little insight into its operations beyond a basic e-commerce setup. It seems to be a fairly standard online store, though the lack of detailed information suggests a limited online presence.

Financially, Geodyst Limited is facing some challenges. While turnover has decreased significantly, dropping 68% to £81,000, the company’s losses have deepened considerably, reaching -£120,000. Cash reserves have plummeted 99%, leaving just £390, and bank borrowings have increased dramatically. Creditors have also increased, though not as sharply. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity and the reliance on bank borrowings are concerning. With no auditor mentioned, the unaudited figures rely on director-reported data.

It’s clear that Geodyst Limited is burning through money. The company’s reliance on bank borrowings and the significant losses suggest a startup struggling to achieve profitability. The directors, however, appear to be making efforts to manage debts, as creditors have not increased as much as other expenses.

Registered in England/Wales under the registration number 12798729, with a registered address at PE9 2PF, England, Stamford, 22 St Peter's Street, St. Peters Street.

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