Great Detail Ltd

Great Detail Ltd is a small, active company based in London, UK, founded six years ago in 2018. With £335,377 in assets and a virtual address shared by over 5,000 other companies, it's a modest operation employing just two people and run by two directors, both of whom are the same person, Hamer Gavin. The company is owned by Hamer Gavin. It operates in the publishing of computer games and other software, and is an irregular importer, bringing in machinery, boilers, and mechanical appliances parts roughly every two months, with the latest import recorded in June 2024.

The company’s website, while not fully detailed, indicates a focus on digital publishing, suggesting a small team dedicated to software development and distribution. It's unclear if Great Detail Ltd has any physical retail presence.

Financially, Great Detail Ltd presents a mixed picture. Current assets have increased significantly, jumping 290% to £340,000, while net assets have improved dramatically, rising 120% to £30,000. However, bank borrowings have increased substantially, surging 2,400% to £29,000, and cash reserves have fallen 30% to £28,000. Creditors have also risen by 75%, reaching £400,000. The company's small size—meeting two of three criteria for a small company—allows for agility, but the increase in borrowing and decrease in cash suggest it's relying more on credit. Depreciation charges on plant machinery have increased by a staggering 2000%, which could indicate significant investment in equipment, or perhaps a re-evaluation of asset values. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Great Detail Ltd seems to be growing, but it’s also burning through cash. The increased borrowing suggests a need for more capital, and the company will need to carefully manage its expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 11523667, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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