Greater Goods Limited

Greater Goods Ltd is a small, active company founded 25 years ago, operating from Midsomer Norton, UK. With two employees and £524,914 in assets, it’s a modest operation managed by three directors and two owners. The company’s been importing essential oils and perfumes regularly for the last 15 months, with its last import operation made on January 01, 2025. It operates in the wholesale of household goods (other than musical instruments) n.e.c. industries.

The company’s website, Mothers India Fragrances, showcases a wide range of incense and related products, emphasizing handmade, fair-trade, and impact-driven practices. It sells a variety of incense, fan fragrances, and gift sets, catering to spaces and moods. The website’s design is clean and user-friendly, highlighting the brand’s commitment to ethical sourcing and quality craftsmanship. It seems to be primarily an e-commerce business, with no mention of a physical store.

Financially, Greater Goods Ltd shows a mixed picture. Current assets increased by a substantial 27%, reaching £520,000, while net assets also grew by 31%, now at £450,000. Cash bank on hand increased by 5.3% to £110,000. However, trade debtors have risen significantly, ballooning by 78% to £370,000, which could indicate challenges in collecting payments. Creditors have also increased, up 15% to £72,000 within the last year. The company’s small size—meeting two of three criteria for a small company—allows it to remain agile, but the increase in debtors is something to keep an eye on. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. There’s no auditor mentioned, which is common for companies of this size.

Overall, Greater Goods Ltd appears to be a stable, albeit small, business with a focus on ethical sourcing and a strong online presence. The increase in debtors is a potential area of concern, but the company's overall financial health seems to be improving.

Registered in England/Wales under the registration number 03971490, with a registered address at BA3 2AQ, 44 Rock Road, Midsomer Norton.

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