Greens Of Cheltenham Limited

Greens of Cheltenham Limited is a small, active company based in Wotton-Under-Edge, UK, founded 29 years ago in 1996. With a single employee and £7,529,612 in assets, it operates from a virtual address shared by thirty-five other companies, which is a bit unusual. The company is led by one director and one owner, Reynolds Stephen Michael. It’s a regular importer and exporter of art and antiques, with 19 months of import activity and 26 months of export activity recorded—the latest export was in October 1996. The company operates in the other retail sale not in stores, stalls or markets industries.

The company’s website, Greens of Cheltenham Antique Jewellery, suggests a focus on antique jewellery sales. It’s a small business, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Greens of Cheltenham Limited presents a mixed picture. Cash reserves have increased by a substantial 31%, reaching £1.2 million, which is a positive sign. However, trade debtors have skyrocketed by 1,300%, now standing at £680,000 – this could indicate issues with customer payments or a deliberate strategy to offer more credit. Creditors have also increased by 2%, reaching £490,000. Net assets have risen by 9.2%, now at £7 million. The company’s bank borrowings have decreased, and the company's inventory has decreased by 5%. It's worth noting that depreciation charges have remained constant. There was no mention of an auditor.

Overall, Greens of Cheltenham Limited seems to be holding its own, but the significant increase in trade debtors warrants closer attention. The company’s focus on antique jewellery and its established presence in the import/export market could provide a solid foundation for future growth, but managing cash flow will be crucial.

Registered in England/Wales under the registration number 03143920, with a registered address at GL12 7AE, United Kingdom, Wotton-Under-Edge, Gloucestershire, C/O Mgb Accountants, 18 Market Street.

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