Giarite Ltd

Giarite Ltd from London UK: a small, active company founded four years ago, employs just one person, and holds £484,605 in assets. It operates from a virtual address – a detail worth noting as 306 companies are registered at the same location – and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site specializing in vegan and sustainable luxury accessories. It irregularly imports and exports leather goods, travel bags, and animal harnesses, with recent activity recorded in December 01, 2024.

The company's website, Giarit, showcases a range of bags and accessories, emphasizing vegan materials, cruelty-free practices, and limited stock availability. It offers free express shipping above £150 and accepts various payment methods including Apple Pay, Google Pay, Klarna, Mastercard, PayPal, and Visa. The site also highlights a commitment to ethical sourcing and donates 1% of every purchase to animal charities. The website’s blog content reinforces its expertise in safety solutions.

Financially, Giarite Ltd presents a mixed picture. Cash bank on hand increased significantly by 84%, jumping to £470,000, while current assets also saw a healthy rise of 65%, reaching £570,000. However, retained earnings and accumulated losses increased by 130%, reaching £390,000. Trade debtors are at £48,000, and creditors decreased by 14%, settling at £50,000. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain agility, but the increase in equity suggests a period of growth. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's growth is promising, but it's important to monitor its equity trends. The focus on sustainable practices and the e-commerce model seem to be driving sales, but the company needs to manage its finances carefully to ensure long-term success.

Registered in England/Wales under the registration number 12656506, with a registered address at W1W 7LT, England, London, First Floor, 85 Great Portland Street.

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