Greenfibres Limited

Greenfibres Ltd from Totnes UK: small company, active status, founded 31 years ago, 11 employees, £138,473 assets, virtual address, 3 directors, 2 owners, family business, e-commerce site. Regular importer of various textile products, sets, used clothing, and rags (46 months imported). Regular exporter of furniture, lighting, and prefabricated buildings (4 months exported). It’s a small, family-run business with a long history, operating a thriving e-commerce site specializing in organic and natural products. Founded 31 years ago, the company employs eleven people and holds £138,473 in assets. The registered address is a virtual one, with eighteen companies registered at the same location. Three directors and two owners steer the ship, emphasizing a personal touch.

The company's website showcases a wide range of products, from living and bedroom essentials to clothing, wellbeing items, and skincare. It’s clear Greenfibres caters to a conscious consumer, with a strong focus on ethical and sustainable sourcing. The site’s design is clean and user-friendly, and the blog section provides valuable content on topics like organic cotton, natural laundry care, and spring bed linen. It’s a well-established online presence, with a clear brand identity.

Financially, Greenfibres Ltd presents a mixed picture. Current assets have decreased by 11% to £140,000, while net assets have fallen significantly by 55% to £39,000. Bank borrowings have increased by 7.6%, reaching £17,000, and cash reserves have fallen 110% to £14,000. Creditors, however, have risen by 16%, suggesting a need to manage debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp equity drop is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Greenfibres Ltd appears to be navigating a period of change. While its e-commerce platform remains active and its commitment to ethical sourcing is evident, the financial data suggests some challenges. Whether the company can sustain its growth and profitability remains to be seen, but its long history and dedicated team offer a foundation for success.

Registered in England/Wales under the registration number 02892399, with a registered address at TQ9 5RP, Totnes, Devon, 30 Fore Street.

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