Glendower Ltd

Glendower Ltd from Pembrokeshire UK: a small, active company founded 40 years ago, employs ten people, and holds £241,088 in assets. It’s a family business with five directors and two owners, boasting a 1.0 Google rating from a single review. The company irregularly exports various textile products, sets, used clothing, and rags, with its last export operation recorded a long time ago in 2016.

The company’s registered address is real, as only one other business is registered there. Glendower Ltd operates in the retail sale via mail order houses or via internet industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Looking at the financial data, there’s a mixed picture. Cash bank on hand has dropped significantly by 37%, falling to £150,000. Current assets are also down 24%, reaching £240,000. However, trade debtors have increased by a healthy 28%, suggesting improved sales or extended credit terms. Creditors have also decreased by 36%, which is good news. The company’s equity has decreased by 11%, settling at £150,000. Plant and machinery has increased by 11%, which is a positive sign.

It’s worth noting that the company’s net assets have also fallen by 11%, and bank borrowings have increased, which could be a concern. The company is exempt from an audit as a small company, so the financial statements are unaudited.

Overall, Glendower Ltd seems to be facing some financial pressures, but it’s also showing signs of growth in certain areas. The company’s long history and family ownership could provide stability, but it will need to manage its finances carefully to ensure its long-term success.

Registered in England/Wales under the registration number 01877518, with a registered address at SA37 0EX, Pembrokeshire, The Mill, Abercych.

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