Goulds (dorchester) Limited

Goulds of Dorchester Ltd, a family business from Dorset, UK, has been a fixture in the region for 79 years, employing 188 people and boasting assets of £2.5 million. With an annual revenue of £11.3 million, the company operates from a real address and is overseen by four directors and three owners. Its Google rating stands at a respectable 4.0 based on 354 reviews. Goulds is an irregular importer, primarily dealing in live trees, plants, bulbs, roots, and flowers, with recent import activity recorded just two months ago.

The company’s core business revolves around operating a department store, offering a wide range of fashion, cosmetics, gifts, and homeware. Its website showcases a diverse selection of brands, from Barbour and Joules to Levi's and White Stuff, catering to both men and women. Beyond retail, Goulds also runs a café and farm shop, offering food and local produce. The website highlights a loyalty program, encouraging repeat business and rewarding customers with exclusive offers.

Financial data reveals a mixed picture. While turnover remained stable, net assets decreased by 32%, dropping to £2.2 million. Bank borrowings increased by 12%, reaching £200,000, and cash reserves fell by 26% to £700,000. Creditors also decreased by 13%, suggesting improved debt management. The company’s size—meeting two of three criteria for a medium-sized business—allows for agility, but the decline in equity raises concerns. The company's auditors, Scott Vevers Ltd, have reported that the financial statements give a true and fair view.

The company’s irregular import activity, combined with fluctuating financial metrics, suggests a business navigating changing market conditions. While the strong brand reputation and loyal customer base offer a solid foundation, the company will need to carefully manage its finances and adapt to evolving consumer preferences to ensure long-term success.

Registered in England/Wales under the registration number 00405869, with a registered address at DT1 1DA, Dorset, 22-23 South Street, Dorchester.

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