Giox Ltd

Giox Ltd from London UK: a small, active company founded six years ago, boasts £50,185 in assets and operates a real address. With one director and one owner, it runs an e-commerce site and regularly imports clothing and accessories made by knitting or crocheting, with five months of import activity recorded.

The company’s website, Geox, showcases a wide range of footwear and apparel, emphasizing breathable technology and stylish designs. It offers free standard delivery for orders over £75 and a 30-day return policy, catering to both online and in-store shoppers. The site also highlights its commitment to sustainability and offers a loyalty program called Benefeet, rewarding customers with discounts and exclusive benefits.

Financially, Giox Ltd presents a mixed picture. Accumulated depreciation on plant and machinery increased by 33%, suggesting investment in equipment. However, bank borrowings remained constant at £46,000, while cash reserves grew by 83% to £6,500. Trade creditors also remained stable. A notable increase in taxation and social security payable—rising by 140%—could indicate growing operational costs. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

The company's financial statements reveal a slight decrease in total inventories, which could be a sign of improved stock management or reduced demand. While the company's net assets increased by 11%, it's important to note that the overall picture suggests a business that’s holding steady but facing some financial pressures. The lack of employees reported could indicate a lean operation, but it also raises questions about the company’s ability to scale.

Registered in England/Wales under the registration number 11488755, with a registered address at N22 8JA, England, London, C/O Arithmetics 389c High Road, Wood Green.

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