Gosh Promotions Ltd

Gosh Promotions Ltd, based in Chesterfield, UK, is a small, active company founded 10 years ago. With just two employees and £55,486 in assets, it’s a solo-founded operation run by two directors and one owner. The company enjoys a perfect 5.0 Google rating based on two reviews. It regularly imports leather goods, travel bags, and animal harnesses, with the latest import activity recorded four months ago in October 2024.

The company operates in the retail sale via mail order houses or via internet industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Its website, though not detailed, suggests a focus on promotional products.

Financially, Gosh Promotions Ltd presents a mixed picture. Current assets have decreased by 21%, falling to £55,000, while cash reserves have plummeted 99%, leaving just £320. Bank borrowings have increased by a significant 120%, reaching £7,500. Creditors have decreased by 38%, and trade debtors have risen by 85%. Equity, however, has surged by 530%, reaching £5,300. The company's small size and lack of employees (two reported) suggest a lean operation. No auditor is mentioned, indicating exemption as a small company and reliance on unaudited financial statements.

The sharp decline in cash reserves is a cause for concern, but the increase in equity suggests a potential turnaround. The rise in trade debtors could indicate challenges in collecting payments, or perhaps an expansion of credit terms. While the company’s financial health requires close monitoring, its strong Google rating and focus on promotional products suggest a potential for growth.

Registered in England/Wales under the registration number 09028269, with a registered address at S43 2AL, England, Chesterfield, Derbyshire, 102 High Street New Whittington.

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