Gifts Handmade Ltd

Gifts Handmade Ltd from Leicester, UK, is a small, active company founded just one year ago. With four employees and £61,314 in assets, it operates as a family business with three directors and three owners. The company runs an e-commerce site, selling personalised gifts. It’s considered a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Crafted Memories, showcases a wide range of personalised gifts, including hoodies, t-shirts, baby clothes, and teddies. It’s clear the business is focused on customisation, with options for adding names, photos, and unique designs. The site boasts a global reach, offering international shipping and highlighting a commitment to fast delivery. Recent product lines, like personalised bootleg t-shirts, seem to be resonating with customers, and the company has over 5,000 reviews across platforms with a 97% positive rating.

Financially, Gifts Handmade Ltd shows a stable, if not spectacular, performance. Accumulated depreciation remained consistent at £10,000, and additions to property, plant, and equipment were also steady at £69,000. Current assets held steady at £61,000, and trade debtors were also consistent at £23,000. However, creditors remained at £52,000, and bank borrowings are not mentioned. Cash reserves are at £13,000. The company’s accounts are unaudited, and no auditor is mentioned, which is typical for small companies. The company’s reliance on retained earnings, currently at £68,000, suggests it's reinvesting profits rather than distributing them as dividends. It's a lean operation, and the lack of significant debt is a positive sign, but the company’s long-term financial health will depend on continued growth and effective cost management.

Registered in England/Wales under the registration number 14827036, with a registered address at LE3 8EJ, England, Leicester, 13 Fairefield Crescent, Glenfield.

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