Grey Teddy Ltd

Grey Teddy Ltd is a small, active company based in Leicester, UK, founded three years ago. It's a solo venture, run by a single director and owner, Jakhu Gursewak Singh, and operates an e-commerce site. The company has £1,201 in assets and a real registered address. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company specializes in retail sales via mail order and the internet, with a focus on Steiff teddy bears. Its website showcases a wide selection of Steiff bears, animals, and accessories, including limited editions, classic bears, and personalized options. The site emphasizes fast UK delivery, a free gift box with most orders, and a UK-based warehouse. The website's history section details the origins of the Steiff bear, tracing its roots back to 1902 Germany and highlighting its evolution into a globally recognized brand.

Financially, Grey Teddy Ltd shows a mixed picture. Current assets increased by 36% to £1,200, while net assets improved slightly to -£940. Cash bank on hand rose to £1,200, a positive sign. However, creditors remain at £4,400, and accumulated depreciation has increased to £1,600. The company’s small size and solo operation likely contribute to its agility, but the ongoing losses suggest it’s still working to achieve profitability. With no auditor mentioned, the financial statements are unaudited and rely on director-reported data. It seems like the company is doing well to keep afloat, but needs to watch its expenses.

Registered in England/Wales under the registration number 13759162, with a registered address at LE1 3JR, United Kingdom, Leicester, 67a Bedford Street South.

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