Golden Valley Hobbies Limited

Golden Valley Hobbies Ltd from Sandown UK is a small, active company founded 20 years ago. It holds £92,663 in assets and operates from a real address, employing two directors and two owners. It’s a family business with an e-commerce site, regularly importing toys, games, and sports equipment—the latest shipment arriving in August 2024.

The company’s website showcases a wide range of scale model scenery and buildings, catering to hobbyists with a focus on brands like Auhagen, Busch, Kibri, and Vollmer. It offers a comprehensive catalog with accessories, buildings, figures, and more, alongside new item announcements and gift vouchers. The site also features a "Wargames" section, indicating a broader appeal to the hobby market. The company operates in the manufacture of other games and toys, n.e.c., and the wholesale of other intermediate products industries.

Financially, Golden Valley Hobbies Ltd presents a mixed picture. While current assets increased by 11% to £93,000, equity decreased by 13% to -£53,000. Bank borrowings are at zero, a positive sign, but cash reserves are relatively low. Creditors remain steady at £150,000. The company meets two of three criteria to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—allowing it to benefit from simplified reporting requirements. No auditor is mentioned, consistent with its status as a small, exempt company. The company’s trade debtors have increased by 19%, which could be a sign of growth or a potential issue with collections.

Overall, Golden Valley Hobbies Ltd seems to be navigating a challenging environment, with declining equity and a need to manage its debts. The company’s focus on niche products and its online presence suggest a resilient business model, but continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 05180959, with a registered address at PO36 9JP, England, Sandown, Isle Of Wight, 16c Sandown Road.

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