Goods Emporium Ltd

Goods Emporium Ltd is a small, active company based in Huddersfield, UK, established five years ago. With two employees and £120,131 in assets, it operates from a virtual address—a detail flagged by the registration of thirteen companies at the same location. The business is led by a solo founder and director, Saeed Sanah. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 13 months of import activity recorded, the last in December 2024. The company’s activities are primarily focused on retail sales via mail order and internet.

The company’s website showcases a range of products, from rattan garden furniture and acoustic slat wall panels to children's nursery items and fitness gym equipment. It's clear that Goods Emporium Ltd is aiming to cater to a broad consumer base, offering everything from outdoor living solutions to baby essentials and workout gear. The site emphasizes free delivery on all orders and provides clear product descriptions and images, typical of a modern e-commerce operation.

Financially, Goods Emporium Ltd presents a mixed picture. While current assets have decreased by 17% to £120,000, creditors have fallen by 54% to £67,000, suggesting improved debt management. However, finished goods have plummeted 74% to £33,000, and bank borrowings have decreased by 26% to £12,000. The number of employees has doubled to four, which may indicate increased workload or expansion plans. It's worth noting that payments on account inventories have risen significantly by 640% to £30,000. 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. As a small company, it's exempt from an audit, so the figures are unaudited.

The sharp decrease in finished goods and the increase in inventories could indicate challenges in managing stock levels or shifts in consumer demand. The rise in employee numbers, however, suggests a commitment to growth, despite the financial pressures. It seems that Goods Emporium Ltd is navigating the complexities of a small business, balancing growth aspirations with the need for financial stability.

Registered in England/Wales under the registration number 12410127, with a registered address at HD1 4SH, England, Huddersfield, 58 Market Street, Paddock.

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