Godson & Coles Limited

Godson & Coles Limited, based in Stanmore, UK, is a small, active company established 25 years ago. With three employees and £2.9 million in assets, it operates from a virtual address and is overseen by three directors and one owner. The company regularly imports and exports art and antiques, with 3 months of import activity and 10 months of export activity recorded.

The business appears to be focused on the retail sale of antiques, including antique books, operating from a real registered address. It's a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is not available, so it’s difficult to assess its e-commerce presence.

Financially, Godson & Coles Limited shows a mixed picture. Cash bank on hand decreased by 19% to £1.2 million, while trade debtors increased significantly by 150% to £230,000. Creditors decreased by 34% to £170,000, suggesting improved debt management. Net assets increased by 7.2% to £5.7 million. The company’s property, plant, and equipment gross cost increased by 8.1% to £29,000. Bank overdrafts decreased by 42% to £840.

The company's net losses deepened, while cash reserves fell. The increase in trade debtors could indicate a strategy to boost sales through extended payment terms, or it could reflect difficulties collecting payments. The decrease in bank overdrafts is a positive sign, suggesting better cash flow management. The company is exempt from an audit as a small company, so the figures are unaudited. The company's financial statements were prepared using FRS 102.

Registered in England/Wales under the registration number 03789708, with a registered address at HA7 1JS, England, Stanmore, Devonshire House, 582 Honeypot Lane.

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