Goad Holdings Ltd.

Goad Holdings Ltd from Kirton In Lindsey UK is a small holding company with an active status, established 24 years ago. The company employs three people and operates from a real address, managed by four directors and one owner. It’s a regular importer and exporter of furniture, lighting, and prefabricated buildings, with 135 months of import activity and 45 months of export activity recorded.

The company's website is minimal, providing little insight into its operations beyond its holding company status. It appears to function primarily as a parent company, overseeing other businesses. One notable subsidiary is Obaby Limited, a well-known brand specializing in nursery furniture and accessories. The company also owns a stake in Graco Service Centre (uk) Limited.

Financially, Goad Holdings Ltd presents a mixed picture. Accumulated depreciation on property, plant, and equipment has increased by 8.8%, suggesting ongoing investment in assets. Bank borrowings have drastically reduced, falling by 100%, which is a positive sign of financial discipline. However, net assets have decreased by 21%, and retained earnings have also declined. Creditors have decreased, indicating improved debt management, and bank overdrafts have increased by a significant 250%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants closer attention. The accounts are unaudited, a common exemption for small companies, and no auditor is listed.

Overall, Goad Holdings Ltd seems to be navigating a period of change. While it has reduced its debt, the decrease in equity suggests it may be burning through money, or perhaps reinvesting heavily. The company’s reliance on its subsidiaries, particularly Obaby Limited, is key to its financial health.

Registered in England/Wales under the registration number 04086062, with a registered address at DN21 4JR, Kirton In Lindsey, North Lincolnshire, Unit 1 Kirton Business Park, Cleatham Road.

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