Gonelean Ltd

Gonelean Ltd is a small, active company based in Ramsgate, UK, founded three years ago in May 2021. It’s a family business with two directors and two owners, operating from a virtual address where 394 companies are registered. The company holds just £4,799 in assets and employs no staff. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Gonelean Ltd primarily operates in the retail sector, selling goods via mail order and online. Its website, however, is currently experiencing technical difficulties—a frustrating “Something went wrong” message greets visitors. This suggests a potential lack of investment in the online presence, despite the core business model relying on it.

Financially, Gonelean Ltd’s recent performance paints a mixed picture. Cash reserves have increased significantly, jumping 190% to £4,100, which is a positive sign. However, current assets have decreased by 47%, falling to £4,800, and net current assets and liabilities have also dropped by 11% to £3,900. Creditors have plummeted by a staggering 80%, down to £920, which could indicate better debt management or a reduction in supplier credit. A notable decrease in debtors, falling 100% to zero, could mean quicker customer payments or a shift in credit policies. The company’s equity has also decreased by 11%, settling at £3,700. There’s no auditor mentioned, likely due to its small size, so the figures are unaudited.

Overall, Gonelean Ltd appears to be navigating a period of financial adjustment. While increased cash reserves are encouraging, the decline in current assets and equity suggests the company is burning through money. The lack of employees and the website issues could be contributing factors, and it's uncertain if the company can sustain its current trajectory.

Registered in England/Wales under the registration number 13374354, with a registered address at CT12 6SJ, England, Ramsgate, Kent, 424 Margate Road Westwood.

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