Goat Group Holdings Limited

Goat Group Holdings Limited is a large, active company based in Altrincham, UK, founded three years ago in 2022. With 30 employees and £932,185 in assets, it operates from a virtual address – a fact highlighted by the presence of 1215 other companies registered at the same location. The company has four directors but no owners reported, suggesting a complex ownership structure. It regularly exports footwear and related items, with the last export operation recorded in July 2024.

The company’s activities appear to centre around retail, with a focus on clothing sales through specialised stores, mail order, and internet platforms. It also acts as an agent involved in the sale of textiles, clothing, and leather goods. While a website isn't provided, this suggests a B2B or wholesale operation rather than direct-to-consumer e-commerce.

Financially, Goat Group Holdings Limited presents a mixed picture. While administrative expenses have skyrocketed by an astonishing 16,000% to £5.3 million, other income has also increased dramatically – by 21,000% to £5.5 million. Cash bank on hand has increased by 78% to £580,000, and current assets have more than doubled to £930,000. However, net assets have jumped 1900% to £180,000, and bank borrowings have decreased by 34% to £220,000. Creditors have increased by 120% to £750,000, and trade debtors have increased by 8400% to £360,000. The company’s auditor, GK & Co. LLP, signed off on the accounts, providing some assurance of their accuracy.

The substantial increase in administrative expenses, while concerning, could be due to investment in growth or expansion. The surge in other income suggests successful diversification or new revenue streams. The increase in creditors and trade debtors, however, may indicate challenges in managing cash flow. The company's size (meeting two of three criteria for a large company) and the lack of reported owners could make it more vulnerable to market fluctuations, but the increase in assets and cash reserves provides a buffer.

Registered in England/Wales under the registration number 13883004, with a registered address at WA14 2DT, United Kingdom, Altrincham, Cheshire, 3rd Floor 1 Ashley Road.

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