Godfreys (sevenoaks) Limited

Godfreys Sevenoaks Ltd, based in London, UK, is a small holding company with an active status, having been established twenty years ago. The company employs twenty-five people and holds assets totaling £1,725,244. While it operates an e-commerce site, its registered address is a virtual one, shared by over seven hundred other companies, which is a bit unusual. Four directors and one owner oversee the business.

The company’s primary focus is importing toys, games, and sports equipment, with regular import activity spanning three months. It also engages in irregular export of machinery, boilers, and mechanical appliances; parts, with just one month of export activity recorded. The website, godfreyslawnmowers.com, reveals a broader operation: a specialist in lawnmowers, tractors, and garden machinery, offering a wide range of products from leading brands like John Deere and Stiga. The site also features a section dedicated to recreational items like trampolines and pizza ovens, suggesting a diversification of its product offerings.

Financially, Godfreys Sevenoaks Ltd presents a mixed picture. Current assets have decreased by 23%, dropping to £1,700,000, while net assets have plummeted 54%, reaching £1,300,000. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have fallen 15%, sitting at £180,000. Creditors have also decreased by 11%, to £2,500,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. No auditor is mentioned, which is common for small companies.

The company’s website showcases a strong online presence and a wide range of products, but the financial data suggests some challenges. The decrease in assets and cash reserves, coupled with increased borrowings, indicates a need for careful financial management. It’s possible that the company is investing in growth or facing increased competition, but the trends warrant close monitoring.

Registered in England/Wales under the registration number 05268660, with a registered address at EC2A 4LU, United Kingdom, London, 4th Floor 4 Tabernacle Street.

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