Goboplus Limited

Goboplus Ltd from Barnet UK: a small, active company founded 11 years ago, employs nine people, and holds £491,781 in assets. It’s a real address with two directors and two owners, running an e-commerce site. The company regularly imports furniture, lighting, and prefabricated buildings—a total of 11 months of imports, with the most recent in December 2024—and exports the same items, for seven months, also concluding in December 2024.

The company operates in the retail of furniture, lighting, and similar items, selling online. It’s a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is not available for analysis.

Financially, Goboplus Ltd shows some interesting trends. Creditors have increased significantly, up 1500%, reaching £42,000—a considerable jump. Accumulated depreciation on furniture and equipment rose by 16%, while the company’s average number of employees increased by 33%, reaching twelve. Bank borrowings decreased by 30%, to £25,000, and cash reserves grew by 4%, reaching £240,000. The company’s director remuneration increased by 3.7%, to £65,000. A significant decrease in dividends paid on shares was also noted, down 46%. The company’s net assets grew by 25%, reaching £150,000.

These changes could reflect increased investment in inventory or expansion of operations, but the rise in creditors suggests the company may be managing its cash flow more tightly. The increase in employee numbers could be a sign of growth, or it could be temporary. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 08647886, with a registered address at EN4 8DL, England, Barnet, 6 Oakhurst Avenue, East Barnet.

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