Gifts & Temptations Ltd

Gifts & Temptations Ltd, based in Whitley Bay, UK, is a small, active company founded three years ago. It's a solo venture employing just one person and operating from a virtual address shared by fifty other companies. The business, led by a single director and owner, runs an e-commerce site and currently holds a Google rating of 4.0 based on twelve reviews.

The company operates in the retail sale via mail order houses or via internet industries. It was previously known as Lee Holdsworth Limited. The registered address is Verdemar House, 230 Park View, Whitley Bay, Tyne and Wear, NE26 3QR.

Financially, Gifts & Temptations Ltd shows some encouraging signs. Cash reserves have jumped a remarkable 6,900%, soaring to £7,000 from a mere £100. Equity has also seen a substantial increase, climbing to £4,400 from £100. However, creditors have also risen to £2,700, and net current assets liabilities are at £4,400. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors could indicate a need for careful cash flow management. The accounts are abridged and unaudited, and no auditor is mentioned.

The significant increase in cash reserves suggests a successful period of sales or cost reduction, although the rise in creditors warrants further investigation. It’s possible the company has been investing in its online presence or expanding its product range, which could explain the increased expenses.

Registered in England/Wales under the registration number 13653067, with a registered address at NE26 3QR, England, Whitley Bay, Tyne And Wear, Verdemar House, 230 Park View.

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