Gibbs Group Ltd

Gibbs Group Ltd from Hemel Hempstead UK: a small, active company founded just one year ago, holds a modest £1,618 in assets, and operates from a real address. With one director and two owners, it maintains a low 1.0 Google rating based on a single review. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with recent import activity recorded just one month ago. It's also worth noting that the director list was changed recently, a good sign for potential sales opportunities.

The company’s website, though currently unavailable, suggests a focus on the manufacture of sugar confectionery industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. It’s a tight-knit operation, with its sole director, Chloe Gibbs, also listed as a director of a related business, Safety Equipment Supplier in Great Yarmouth.

Financially, Gibbs Group Ltd presents a mixed picture. Current assets have increased by 120%, reaching £1,600, while net assets have worsened, dropping 31% to -£4,900. Bank borrowings have increased by 220%, reaching £1,400, and cash reserves have doubled to £1,400. Trade debtors have increased, suggesting potential issues with customer payments. Creditors, however, have decreased by 5%, which could indicate better debt management. The lack of employees (zero reported) suggests a lean operation, and with no auditor mentioned, the unaudited figures rely on director-reported data.

In short, Gibbs Group Ltd is showing signs of early-stage turbulence. The company’s focus on confectionery and its irregular import activities suggest a niche market, but the negative equity and increasing bank borrowings raise questions about its long-term viability.

Registered in England/Wales under the registration number 15106159, with a registered address at HP3 8PE, England, Hemel Hempstead, 49 Ritcroft Street.

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