Gordon Busbridge Limited

Gordon Busbridge Ltd is a small, family-run business with an active status, having been founded 68 years ago in 1956. Based in St. Leonards on Sea, East Sussex, the company employs nine people and holds £680,328 in assets. With four directors and two owners, it’s a well-established operation with a real registered address. The business is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings—with just one month of import activity recorded as of October 2022.

The company operates retail of furniture, lighting, and similar items, with a website showcasing a wide range of products, from sofas and beds to fitted kitchens and flooring. It also has a showroom in Hastings and Eastbourne, and even offers a clearance event. The website highlights brands like G Plan, Ercol, and Sherborne, and emphasizes knowledgeable help and advice for customers. It’s a traditional brick-and-mortar business with a modern online presence.

Financially, Gordon Busbridge Ltd shows a mixed picture. Current assets decreased by 13% to £680,000, while net assets also fell by 13%, reaching £740,000. Bank borrowings remain stable, and cash reserves decreased by 7.3% to £230,000. Creditors remained relatively constant, suggesting consistent debt management. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), which helps it maintain flexibility. The lack of an auditor mentioned likely means the company is exempt from an audit as a small company.

Overall, Gordon Busbridge Ltd appears to be a stable, long-standing business, but the decrease in assets suggests some financial pressure. The company’s focus on traditional furniture and its family ownership model offer a sense of heritage and reliability, but it will need to adapt to the changing retail landscape to ensure continued success.

Registered in England/Wales under the registration number 00568420, with a registered address at TN37 6NG, 289 London Road, St.Leonards On Sea.

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