Gift Box London Limited

Gift Box London Ltd, based in London, UK, is a small, active company founded six years ago in 2018. It employs 18 people and holds £1,794,774 in assets, operating from a real address in Whitehall. With one director and owner – solo founder Mirwais Nasar – the company runs an e-commerce site and has a Google rating of 4.0 based on 15 reviews. It’s an irregular importer, primarily dealing in headgear and accessories, with the last import operation occurring in November 2023.

The company’s website, GiftBoxLondon, offers a wide range of gifts for all occasions, from personalised mugs and jewellery to home decor and audio equipment. It caters to both men and women, with separate sections for Father’s Day, Mother’s Day, and other special events. The site emphasizes free worldwide delivery and showcases over 10,000 happy customers. It also has a robust collection of gifts for men, women, and children, alongside a variety of home and garden items.

Financially, Gift Box London Ltd shows a mixed picture. While current assets increased by 92% to £1,800,000, net assets also jumped significantly to £750,000. Trade debtors, however, ballooned by 900% to £600,000, suggesting a possible reliance on customer payments. Bank borrowings decreased slightly, and cash reserves increased by 37% to £770,000. 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 maintain agility, but the significant increase in trade debtors could present a challenge. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Gift Box London Ltd appears to be a growing e-commerce business with a solid customer base and a diverse product range. However, the sharp increase in trade debtors warrants close monitoring to ensure the company’s long-term financial health.

Registered in England/Wales under the registration number 11619527, with a registered address at SW1A 2BX, United Kingdom, London, 35 Whitehall.

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