Graff-city Ltd

Graff City Ltd, based in Abergavenny, UK, is a small holding company with an active status, celebrating thirteen years in operation. Employing thirty individuals, the company holds assets valued at £747,785 and maintains a real address. Managed by one director and one owner, it boasts a stellar 5.0 Google rating from 119 reviews, a testament to its customer service. The company regularly imports tanning and dyeing products (89 months) and occasionally exports plastics and plastic products (2 months).

The company's primary focus is the retail of graffiti art supplies and accessories, as evidenced by its website. The site is designed to enhance the shopping experience with cookies and offers a wide range of products, including spray paint, markers, apparel, and equipment. It caters to both novice and experienced graffiti artists, offering a variety of brands and styles. The website's structure suggests a robust e-commerce operation, with clear product categories, search functionality, and a basket summary.

Financially, Graff City Ltd’s recent performance shows some concerning trends. While fixed assets grew by 7.2%, current assets declined by 17% to £750,000. Net assets also decreased by 35%, reaching £240,000. Bank borrowings have significantly decreased by 60%, indicating a reduction in debt, and cash reserves have fallen by 59% to £16,000. Creditors, however, increased by 65%, which could be due to increased purchasing to meet demand. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants further investigation. With no auditor mentioned, the financial statements are unaudited.

The company’s focus on a niche market—graffiti art supplies—provides a degree of insulation from broader economic trends. However, the fluctuating financials suggest that Graff City Ltd is facing challenges in maintaining consistent profitability, and perhaps needs to carefully manage its cash flow and supplier relationships.

Registered in England/Wales under the registration number 08021989, with a registered address at NP7 5LU, Wales, Abergavenny, Graff-City Ltd, Lower Monk Street.

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