Goldney Ltd

Goldney Ltd, a small, active company based in London, UK, was founded five years ago in 2020. It employs five people and holds £535,736 in assets, operating from a real address on New Cavendish Street. With two directors and two owners, the company regularly imports and exports clothing and accessories—excluding knitted or crocheted items—with 13 months of import activity and 31 months of export activity recorded. It’s a retail business specializing in clothing, operating in the retail sale of clothing in specialised stores.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce operations. Without a website, it’s likely Goldney Ltd primarily operates through wholesale or other offline channels.

Financially, Goldney Ltd presents a mixed picture. While cash bank on hand increased by 20% to £420,000, net assets also saw a significant jump, rising by 250% to £160,000. However, accumulated depreciation impairment on property, plant, and equipment increased dramatically, by 1600%, suggesting increased investment or write-downs. Trade debtors have also risen significantly, by 88%, which could indicate difficulties in collecting payments. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in debt needs to be monitored. There is no auditor mentioned, which is common for small, exempt companies.

Despite the fluctuations, the company appears to be financially stable, with a healthy cash position. The increase in assets and cash reserves suggests growth, but the rise in debt and depreciation should be watched closely.

Registered in England/Wales under the registration number 12561337, with a registered address at W1G 8UB, United Kingdom, London, 34 New Cavendish Street, Fourth Floor.

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