Guardsman Industries Limited

Guardsman Industries Ltd, based in London, UK, is a holding company with an active status, established 36 years ago in 1989. Employing 78 people and holding assets valued at £9,317,284, the company operates from a virtual address, a detail worth noting as 37 companies are registered at the same location. It’s managed by three directors and has one owner, though the owner list isn’s exhaustive. Google reviews give it a 3.0 rating based on 183 reviews. The company regularly imports textile products, sets, used clothing, and rags (37 months of import activity, latest in January 2025) and exports furniture, lighting, and prefabricated buildings (13 months of export activity, latest in November 2024).

The company's website showcases a focus on furniture protection and care. It operates both a consumer-facing side, offering protection plans and care products, and a business-to-business arm, supplying care products and offering franchise opportunities under the "Safeclean" brand. A key element is the repair service, extending to high-end pianos and disaster recovery, hinting at a broader expertise beyond typical furniture care. The website also features a blog with articles on furniture care and safety, which is a nice touch.

Financially, Guardsman Industries Ltd has experienced some notable shifts. Cash bank on hand dropped by 28% to £3,900,000, while net assets decreased by 8% to -£410,000. Creditors declined by 32%, a positive sign for debt management, but trade debtors also fell by 27%, suggesting a possible slowdown in customer payments. Finished goods decreased by 43%, indicating a reduction in inventory levels. The company’s comprehensive income expense has been negative for the last two years, dropping from -£740,000 to -£740,000. The company is audited by Forvis Mazars LLP.

Overall, Guardsman Industries Ltd appears to be navigating a period of financial adjustment. While the business model—combining protection plans, repair services, and franchise opportunities—shows potential, the declining cash reserves and negative equity suggest challenges. The virtual address and the presence of multiple companies at the same location are also points to consider.

Registered in England/Wales under the registration number 02360505, with a registered address at E14 5HU, England, London, C/O Corporation Service Company (Uk) Limited 5 Churchill Place, 10th Floor.

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