Grainne Morton Limited

Grainne Morton Ltd is a small, active company based in Edinburgh, UK, founded six years ago in January 2019. The company employs three people and operates an e-commerce site, selling handcrafted jewellery. It’s led by one director and has two owners, with a real registered address at 147 Colinton Road. The business specializes in retail sale via mail order houses or via internet, offering a range of earrings, necklaces, bracelets, and rings.

The Grainne Morton Shop website showcases a curated collection of unique, handcrafted jewellery, emphasizing ready-to-ship items and one-of-a-kind pieces. The site's design is clean and visually appealing, with high-quality product photography and clear navigation. It’s easy to see the range of styles offered, from delicate floral designs to bold, statement pieces. The website also features stockists, press coverage, and information about the company’s ethos and campaigns. There's a nice touch of personalization with a "Bag" feature allowing customers to save items and add notes.

Financially, Grainne Morton Ltd presents a mixed picture. Cash and cash equivalents dropped significantly by 16%, falling to £670,000. Property, plant, and equipment also saw a decrease of 6%, settling at £72,000. However, creditors have dramatically decreased by 90%, which is a positive sign. The company’s net assets also declined by 7.1%, ending at £730,000. The business meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. It's worth noting that depreciation charges increased, which could be due to investments in new equipment.

Overall, Grainne Morton Ltd appears to be navigating a period of change. While cash reserves have diminished, the reduction in creditors suggests improved financial management. The company's focus on e-commerce and handcrafted jewellery positions it well in a competitive market, but the declining equity should be monitored closely.

Registered in Scotland under the registration number SC618197, with a registered address at EH14 1BG, United Kingdom, Edinburgh, 147 Colinton Road.

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