Gooding Group Limited

Gooding Group Ltd, based in Sheffield, UK, is a sizable holding company with an active status, having operated for 28 years. Employing 74 people and holding assets of £4,398,799, it's a significant player in its sector. The company has a real address, two directors, and one owner, and currently holds a 3.0 rating on Google based on 27 reviews. Regular importing of miscellaneous metal items, totaling 69 months, suggests a robust supply chain, with the last import operation occurring in January 2025.

The company’s website reveals Gooding Group focuses on manufacturing fitted furniture, primarily for the new build sector. While wardrobes are their core business, Home Office and Understairs products are gaining popularity, and their fireplace offering continues to operate. They highlight a flexible manufacturing process, allowing them to customize offers for clients, and recently moved into a new 50,000 sqft facility. The website also showcases a gallery of their work and encourages potential customers to get in touch.

Financially, Gooding Group Ltd presents a mixed picture. While cash reserves increased by a substantial 200% to £1.6 million, net assets only grew modestly by 16% to £6 million. Bank borrowings, however, have decreased significantly by 92%, falling to £170,000—a positive sign. Staff costs remained stable, but net losses deepened to -£140,000. Trade debtors have increased by 890%, suggesting potential issues with customer payments, and creditors rose by 35%. The company’s size—meeting two of three criteria for a large company—indicates it’s a substantial operation, but the increased debtors and losses warrant close monitoring. The accounts are unaudited, and no auditor is mentioned.

Overall, Gooding Group Ltd appears to be navigating a period of change, with a strong foundation but some financial challenges to address. The recent investment in a new facility suggests confidence in the future, but the company will need to manage its debtors and control losses to ensure long-term sustainability.

Registered in England/Wales under the registration number 03219205, with a registered address at S20 3RW, England, Sheffield, 61 Rother Valley Way, Holbrook.

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