Gfw Limited
- Large
- Holding
- Active
- 15 years
- 46 employees
- £8,211,479 (assets)
- £19,464,733 (revenue)
- Real address
- 1 director
- 1 owner
- Regular importer
- Rating 3.0 (64)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
The directors list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
GFW Limited, based in Darwen, UK, is a sizable company operating as a holding company with an active status. Established fifteen years ago in 2009, it employs forty-six individuals and boasts assets totaling £8,211,479. The company’s yearly revenue reached £19,464,733, indicating a strong market presence. With a real address and a single director and owner, GFW Limited is a well-established entity. A Google rating of 3.0 based on sixty-four reviews suggests room for improvement in customer perception. The company regularly imports furniture, lighting, and prefabricated buildings, with a history of 422 months of import activity.
GFW Limited functions primarily as a furniture warehouse, specializing in wholesale to online and high street retailers. Its website showcases a wide range of products, from bed frames and bedroom sets to living room designs and smart storage solutions. A notable feature is the emphasis on "Made in the UK" products, demonstrating a commitment to domestic manufacturing. The site also highlights a blog with articles on industry trends and safety tips, indicating a desire to engage with customers and establish thought leadership. It's clear the company is focused on providing aspirational designs at competitive prices.
Financially, GFW Limited shows some concerning trends. While turnover remained consistent at £19,000,000, net assets decreased by 11%, dropping to £7,100,000. Bank borrowings surged by 71%, reaching £860,000, and cash reserves fell by 27% to £65,000. Creditors also increased by 18%, suggesting a reliance on short-term financing. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor (likely exempt due to its size) mean the figures are unaudited. The increase in bank borrowings, coupled with the decrease in cash reserves, suggests the company may be facing some financial pressures, although it’s likely they’re managing these challenges. The increase in creditors could be a result of increased sales.
Despite these financial challenges, GFW Limited remains a significant player in the furniture wholesale market, with a well-established brand and a commitment to quality and customer service. The company’s focus on aspirational designs and its dedication to sourcing from reputable manufacturers position it well for continued success, although careful financial management will be crucial.
Registered in England/Wales under the registration number 06895104, with a registered address at BB3 3RT, England, Darwen, Waterside Business Park Johnson Road, Eccleshill.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Gfw Holdings Ltd
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ponsonby Jonathon Sheldon
- 15 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Termination of appointment of Andrew Sheldon Ponsonby as a secretary on 2024-10-29Download 1 page pdf report
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Termination of appointment of Andrew Sheldon Ponsonby as a director on 2024-10-29Download 1 page pdf report
-
Confirmation statement made on 2024-06-08 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Gfw Limited
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