Gifts For The Senses Limited

Gifts For The Senses Limited is a small, active company based in Farnham, UK, established nine years ago in 2015. It operates from a virtual address, a common trait for smaller businesses, and is led by a single director and owner, Thompson Michelle Ophelia, who also serves as the solo founder. The company’s status is active, and it meets the criteria to be classified as a small company, having turnover under £10.2 million, assets under £5.1 million, and less than 50 employees.

The company’s website, while not fully detailed, indicates a diverse range of activities, including retail sales via mail order and internet, event catering, and education services. It also appears to be involved in other retail sales. While no e-commerce presence is immediately apparent, the breadth of services suggests a multi-faceted business model.

Financially, Gifts For The Senses Limited presents a mixed picture. While cash reserves have increased by a healthy 190%, reaching £1,200, net assets have decreased significantly by 130%, now standing at -£63,000. Bank borrowings have surged by 270%, reaching £82,000, and amounts owed to directors have risen dramatically by 270%, now at £82,000. Creditors have also increased substantially, up 220% to £86,000. Interestingly, accrued liabilities have increased by 42%, while prepayments have fallen by 43%. The company’s property, plant, and equipment have increased by 260%, but intangible assets have also increased.

The company’s financial data suggests it’s facing challenges in managing its liabilities, with a significant increase in both bank borrowings and amounts owed to directors. The decrease in net assets is concerning, indicating that the company is burning through cash or struggling to generate profits. However, the increase in cash reserves and property, plant, and equipment suggests that the company is investing in its operations, and the increase in debtors suggests that the company is growing. The lack of employees (zero reported) hints at a lean operation, but the rising debts could put a strain on its long-term sustainability. As a small company, it’s exempt from an audit, so the financial data is unaudited.

Registered in England/Wales under the registration number 09858273, with a registered address at GU9 7PT, United Kingdom, Farnham, Surrey, Wey Court West, Union Road.

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