Goldfinch Agency Limited

Goldfinch Agency Ltd, a small, active company based in London, UK, has been trading for eleven years. Founded in 2013, it employs four people and holds assets worth £1,073,953. The company, with two directors and two owners, operates from a real address and regularly imports and exports footwear and related items – 241 months of imports and 73 months of exports recorded.

The company’s website, goldfinchagency.co.uk, showcases a wholesale business specializing in clothing and footwear. It appears to be a B2B operation, focusing on sourcing and distributing goods rather than direct-to-consumer sales. There’s no obvious e-commerce functionality visible, suggesting a reliance on direct sales to retailers and other businesses.

Financially, Goldfinch Agency Ltd presents a mixed picture. Current assets have decreased by 28% to £1,100,000, while net assets have also declined, falling 6.9% to -£280,000. Bank borrowings have increased by 15%, reaching £39,000, and cash reserves have fallen 36% to £51,000. Creditors have also decreased by 16%, which could indicate improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt due to its small size.

The decline in equity is a noteworthy trend, which could be attributed to increased operating expenses or reduced profitability. The company’s reliance on imports and exports, while potentially lucrative, also exposes it to currency fluctuations and supply chain disruptions. The directors, Broughton Matthew Dean and Lammas Philip Bryan, will need to carefully manage these risks to ensure the company’s long-term financial health. It seems like they are doing alright, but need to watch those numbers.

Registered in England/Wales under the registration number 08751371, with a registered address at N1 7UX, England, London, Unit 5 Waterside Lower Ground Floor, 44-48 Wharf Road.

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