Gerry's Of Morecambe Ltd.

Gerry's Of Morecambe Ltd, based in Morecambe, UK, is a small, family-run business that’s been active for two decades. Employing ten people, the company holds assets worth £639,958 and operates from a real address. With two directors and three owners, it’s a tight-knit operation, and it’s got a solid 4.0 Google rating from 717 reviews. The company runs an e-commerce site, selling fishing tackle and accessories.

The company’s website, Gerrys Fishing, is a comprehensive online store catering to all kinds of anglers. It’s got a huge selection of sea fishing gear, including hooks, leads, swivels, and lines, as well as rods, reels, and clothing. There’s also a dedicated section for coarse fishing, with everything from feeder rods to bait and tackle. The site even has a section for predator fishing, with lures, spinners, and other specialized equipment. The sheer volume of products—around 30,000—is impressive, and the site is well-organized, with clear categories and search functionality. It's clear that Gerry's Fishing is a one-stop shop for all things fishing.

Financially, Gerry’s Of Morecambe Ltd shows a mixed picture. Current assets have decreased by 20%, falling to £510,000. Debtor amounts have plummeted by a significant 75%, dropping to just £23,000. Cash and bank balances, however, have increased by 21%, reaching £170,000. Creditors have also seen a decrease of 20%, falling to £330,000. The company’s small size—meeting two of three conditions for being considered small—helps it remain agile. The increase in bank borrowings, however, suggests the company may be relying on external funding. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited.

Overall, Gerry's Of Morecambe Ltd seems to be a well-established and popular fishing retailer. While the financials show some volatility, the company’s strong online presence and loyal customer base suggest it’s well-positioned for continued success. It's a good sign that cash balances are up, but the decrease in debtors needs to be monitored.

Registered in England/Wales under the registration number 05364941, with a registered address at LA4 4EU, England, Morecambe, Lancashire, 52-54 Marine Road West.

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