Gibson & Bond Limited

Gibson & Bond Limited, based in Newport, Gwent, UK, is a small, active company founded 24 years ago in 2000. With a single employee and two directors, it operates from a virtual address shared by eighteen other companies, which is a little odd. The company has a perfect 5.0 Google rating from seven reviews, which is great. It’s a solo-founded operation with one owner, Richard Gibson, who also serves as director. The company imports clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of March 2024.

The company's website, Gibson and Bond, showcases a clothing shop in Cowbridge, Wales. It’s a private limited company with registration number 04115193. The website doesn’s give much away, but it’s clear they’re focused on retail sale of clothing. It’s a tight-knit operation, emphasizing family ownership and British craftsmanship.

Financially, Gibson & Bond Limited presents a mixed picture. Bank borrowings decreased by 31%, reaching £5,200, and bank overdrafts fell 23% to £5,900. Creditors increased by 5.9% to £67,000, which could be a sign of growth or increased reliance on trade credit. Equity dropped by 30% to £1,400, and net assets declined by 29% to £1,400. 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 is concerning. There’s no auditor mentioned, so the figures rely on unaudited statements.

The company’s financial data also reveals some interesting trends. Accumulated amortisation impairment intangible assets remained constant at £7,000, and depreciation impairment property plant equipment also stayed the same at £35,000. The average number of employees during the period remained at one, and total inventories increased by 1.4% to £70,000. It seems like the company is managing its assets reasonably well, but the declining equity suggests it may be burning through cash.

Registered in England/Wales under the registration number 04115193, with a registered address at NP20 4PG, Gwent, 21 Gold Tops, Newport.

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