Gheri Ltd

Gheri Ltd is a small, active company based in Edgware, UK, founded nine years ago in 2016. With two employees and £466,831 in assets, it operates as a solo-founded venture led by a single director and owner. The company is a regular importer of clothing and accessories—not knitted or crocheted—with 36 months of import activity recorded, the last in February 2025.

The company’s website, Gheri Wholesale, states "Coming Soon... Retail," suggesting a transition or expansion from wholesale to direct-to-consumer sales. It’s unclear if this is a new venture or a long-planned shift. The company operates in the retail sale of clothing in specialised stores industries.

Financially, Gheri Ltd shows a mixed picture. Cash reserves increased significantly by 72% to £160,000, indicating improved liquidity. However, net assets also increased by 11% to £340,000, and trade creditors increased by 31% to £160,000. Bank borrowings increased by 15% to £290,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of employees (two reported) hints at a lean operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Gheri Ltd appears to be financially stable, but the increase in creditors suggests it’s relying on credit to maintain operations. The shift to retail, as indicated by the website, could be a strategic move to increase revenue, but it also introduces new challenges.

Registered in England/Wales under the registration number 10140760, with a registered address at HA8 5HL, England, Edgware, 18 The Highlands.

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