Ghs Retail Limited

Ghs Retail Ltd from Manchester UK: a small holding company with an active status, was founded 13 years ago. It employs 15 people and holds assets worth £3,252,478. The company operates from a virtual address and is overseen by three directors and one owner, boasting a Google rating of 2.0 based on six reviews. It regularly imports and exports furniture, lighting, and prefabricated buildings, with 25 months of import activity and 6 months of export activity.

The company’s website, GHS Studio, showcases a family-owned business specializing in the design, manufacture, and distribution of home and pet brands. Starting as Speciality Linens in 1987, it has evolved into a leading supplier to event companies, venues, and retailers, even developing bespoke ranges for national clients. The website highlights expertise in upholstery and pet beds, including collaborations with brands like Silentnight and Time Life, and even reshoring some manufacturing back to Britain. The company's website also features a blog.

Financially, Ghs Retail Ltd shows some concerning trends. Current assets decreased by 11% to £3,300,000, while net assets dropped 18% to £2,000,000. Bank borrowings increased by 21%, reaching £29,000, and cash reserves fell 10% to £2,100,000. Creditors decreased by 2%, suggesting better debt management. 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, but the equity drop raises questions about its long-term stability. There’s no auditor mentioned, likely due to its small size and exemption from an audit.

The company’s financial data suggests it is facing some financial pressures. While it appears to be operating, the drop in assets and equity indicates it may be burning through money. The lack of employees is a bit unusual for a company with such a large asset base, and it’s possible the directors are working long hours to keep things running smoothly.

Registered in England/Wales under the registration number 07902762, with a registered address at M3 5FS, England, Manchester, 1st Floor Cloister House Riverside, New Bailey Street.

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