Guards Gear Uk Ltd

Guards Gear Uk Ltd is a small, active company based in Ashton-Under-Lyne, UK, founded four years ago in February 2021. It’s a family business with two directors and two owners, holding £7,271 in assets and operating from a real address. The company operates in the retail sale via mail order houses or via internet industries.

The business’s website suggests a focus on selling gear, though no active e-commerce functionality is apparent. This indicates a potential reliance on wholesale or other sales channels rather than direct online sales. The company’s focus on retail via mail order and internet suggests a business model that prioritizes reaching customers through online platforms and catalogs.

Financially, Guards Gear Uk Ltd presents a mixed picture. Current assets have increased by 83% to £7,300, a positive sign of increased liquidity. However, equity has decreased by 1.2% to £12,000, and net current assets and liabilities have improved significantly, from -£4,400 to -£300. Bank borrowings remain unchanged. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. With no auditor mentioned, the figures are unaudited.

The decrease in intangible assets and fixed assets could be due to depreciation or amortization, which is a normal part of business operations. The company’s reliance on bank borrowings, while not excessive, suggests a need to manage debt carefully. Overall, Guards Gear Uk Ltd appears to be navigating a challenging environment, but its focus on retail and its small size could provide a competitive advantage.

Registered in England/Wales under the registration number 13208372, with a registered address at OL6 7FW, United Kingdom, Ashton-Under-Lyne, Lancashire, Suite 204 Ashton Old Baths, Stamford Street West.

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