Gifticuffs Ltd

Gifticuffs Ltd from St. Albans UK: small company, active status, founded 7 years ago, 1 employee, £38,840 assets, real address, 1 director, 1 owner. It's a small business, meeting two of the three conditions to qualify – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the retail sale via mail order houses or via internet industries, offering a range of fashion accessories. Officially, it has one owner and director, Gynne Simon Richard, and just one employee. The address, 11 Ragged Hall Lane, is likely real, with only one other company registered there.

The company's website, while not fully detailed, suggests a focus on fashion accessories, likely sold online. It’s probable that Gifticuffs Ltd operates primarily as an e-commerce business, though further investigation would be needed to confirm the extent of its online presence and any physical retail locations.

Financially, Gifticuffs Ltd presents a mixed picture. While bank borrowings have decreased by a significant 42%, cash reserves have also fallen by 6.4% to £27,000. Interestingly, other inventories have increased by 24%, reaching £11,000, suggesting a build-up of stock. Creditors have also decreased by 50%, which is a positive sign, but the overall decline in assets and cash flow could indicate some financial pressure. Depreciation charges on motor vehicles have increased, but the company’s small size means it’s likely exempt from a full audit, relying on unaudited accounts. The increase in debtors is also something to keep an eye on.

Registered in England/Wales under the registration number 11145103, with a registered address at AL2 3LB, England, St. Albans, Herts, 11 Ragged Hall Lane.

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