Giftettes Ltd

Giftettes Ltd is a small, active company based in Shrewsbury, UK, established just one year ago in September 2023. It's a solo-founder operation, with one director and owner, Biddell Sharon, running the show. The company boasts £1,356 in assets and generates £1,231 in yearly revenue, operating from a real address at 3 Gorsty Bank. It’s a relatively small business, meeting two of the three criteria to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Giftettes Ltd operates an e-commerce site, selling a variety of greeting cards and gifts. The website showcases a range of products, including birthday cards, anniversary cards, and new baby cards, with a focus on personalized and unique items. There’s a clear emphasis on “Just Because” cards, encouraging spontaneous expressions of affection. The site also features a selection of keyrings and wooden plaques, with a section dedicated to "Hello World" themed gifts. The site even offers wholesale catalogues for retailers interested in stocking their products. Payment options are extensive, including American Express, Apple Pay, and PayPal.

Financially, Giftettes Ltd appears to be struggling. While it has £1,400 in cash, its net assets are only £3,600, and it’s reporting a loss of £8,300. Bank borrowings are at £3,000, and trade debtors are zero. Although creditors are also zero, the negative profit suggests the company is burning through cash. The lack of employees (zero reported) indicates a very lean operation. As a small company, it’s exempt from an audit, so the financial data is unaudited. It’s clear that Giftettes Ltd is working hard to establish itself in the competitive gift market, but it faces challenges in achieving profitability.

Registered in England/Wales under the registration number 15151379, with a registered address at SY5 0LX, United Kingdom, Shrewsbury, 3 Gorsty Bank, Snailbeach.

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