Glancy Fawcett Limited

Glancy Fawcett Ltd, based in Manchester, UK, is a small, holding company with an active status. Established 22 years ago in 2003, the company employs 45 people and holds assets valued at £5,404,701. It operates from a real address and is overseen by nine directors and a single owner. The business regularly imports textile products, used clothing, and rags (275 months of import activity) and exports glass and glassware (231 months of export activity).

The company’s website showcases a luxury interior outfitter catering to superyachts, residences, and private jets. Glancy Fawcett doesn’t just sell tableware and linens; it offers a complete service, from product selection and procurement to delivery and even bespoke design. It's clear they're targeting a high-end market, partnering with prestigious brands like Hermès and Lalique. The website emphasizes personalized service and a curated selection, suggesting a focus on quality over quantity.

Financially, Glancy Fawcett Ltd presents a mixed picture. Current assets have significantly decreased by 49%, dropping to £2.4 million. Net assets have, however, increased by a substantial 130%, reaching £2.9 million—a positive sign. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves fell 49% to £2 million. Creditors decreased by 18%, indicating better management of short-term debts. 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. There’s no mention of an auditor, likely due to its small size and exemption from an audit.

The significant decrease in current assets and the increase in bank borrowings could indicate a period of investment or perhaps challenges in managing working capital. The increase in net assets, however, suggests that the company is building equity, which is a positive trend. While the company’s financial health isn’t entirely clear, its focus on a high-end market and its commitment to personalized service position it well for continued success.

Registered in England/Wales under the registration number 04644599, with a registered address at M16 9NN, United Kingdom, Manchester, The Old Engine Works 2 Lund Street, Old Trafford.

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