Gibson Saddlers Limited

Gibson Saddlers Ltd, based in Newmarket, UK, is a small, family-run business with an active status. Founded 70 years ago in 1954, it employs 22 people and holds £569,819 in assets. With a real address and three directors, it's a well-established operation. The company regularly imports footwear and related items (36 months) and exports various textile products, sets, used clothing, and rags (6 months).

The company's website, Saddlery and Racewear Gibson Saddlers Newmarket, suggests a focus on equestrian supplies and racing attire. They seem to be a specialist in this area.

Financially, Gibson Saddlers Ltd presents a mixed picture. Current assets have decreased by 6%, falling to £570,000, while net assets have dropped by 16%, reaching £410,000. Cash bank on hand has also declined by 9%, sitting at £95,000. However, creditors have increased by 6%, reaching £190,000, and the company has paid out £66,000 in dividends. It's a small company, meeting two of three criteria for being small: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The decrease in average employees reported during the period is noticeable, falling from 22 to 20.

The company’s financial statements were prepared in accordance with FRS 102 and the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006. No auditor is mentioned, likely due to the company being exempt as a small company. It's a steady business, but the decline in assets and cash reserves should be monitored closely.

Registered in England/Wales under the registration number 00539509, with a registered address at CB8 9AX, England, Newmarket, Gibson Saddlers, Queensberry Road.

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