Glitterstore Ltd

Glitterstore Ltd from Dumbarton, UK, is a small, active company founded 13 years ago. With 11 employees and £259,184 in assets, it operates an e-commerce site and is overseen by two directors and one owner. The company’s real address is registered at a business park, with only one other company registered there.

The company specializes in retail sale via mail order houses or via internet, offering a wide range of personalised gifts. Their website, Always Looking Good, showcases a diverse selection, from embroidered gifts and engraved glassware to letterbox gifts and sports leisure items. They cater to various recipients, occasions, and gift types, with a strong emphasis on personalisation. The site even features a section for pet owners, highlighting their ability to create unique gifts for furry friends.

Financially, Glitterstore Ltd’s recent performance shows some interesting trends. Current assets increased by a substantial 74%, reaching £260,000, while net assets rose by 150%, hitting £95,000. Bank borrowings decreased by 18%, to £76,000, and cash reserves increased by 180%, to £160,000. Creditors also decreased by 32%, to £12,000, suggesting improved debt management. However, the company’s average number of employees increased by 82%, to 20—a significant jump that may reflect increased demand or expanded operations. The company is exempt from an audit, so the figures are unaudited.

It's worth noting that the company’s £259,184 in assets and turnover under £10.2 million, balance sheet total under £5.1 million, and average number of employees under 50 qualify it as a small company. The increase in employees, while positive, could also indicate growing pains. The company’s success hinges on maintaining its personalised gift niche and adapting to changing consumer preferences.

Registered in Scotland under the registration number SC405728, with a registered address at G82 2RT, Scotland, Dumbarton, Unit 2 8 Bankend Road, Broadmeadow Industrial Estate.

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