Gubblecote Ltd

Gubblecote Ltd is a small, active company from Milton Keynes, UK, founded eight years ago in 2016. It’s a solo founder operation, employing just one person and holding £3,517 in assets. The company has a real registered address and is overseen by one director and owner.

The business operates in the non-specialised wholesale trade, as well as retail sales via mail order and internet, and its website showcases a range of equestrian-themed giftware. Products include greetings cards, homeware, bags, and small gifts, all with a unique, handcrafted design developed in the UK. The website clearly indicates an e-commerce focus, with product listings, a shopping cart, and secure payment options. It’s a pretty good looking site, too.

Financially, Gubblecote Ltd presents a mixed picture. Current assets have decreased by 22%, dropping to £3,500, while net assets have declined by 13%, settling at -£13,000. Cash reserves have fallen significantly, dropping 400% to a mere £820. Debtors have plummeted by 68%, suggesting a reduction in outstanding invoices, but creditors have risen by 9.2%, indicating increased short-term liabilities. It’s a small company, meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), which allows for agility, but the substantial equity decline is concerning. The accounts are unaudited, which is common for small companies, and there’s no auditor mentioned.

The company’s reliance on online sales and its niche equestrian theme could be a strength, but the negative equity and declining cash reserves suggest it’s burning through money. It's a small business, and these things happen, but the trend isn’t encouraging.

Registered in England/Wales under the registration number 10231222, with a registered address at MK17 9FX, United Kingdom, Milton Keynes, Bucks, Unit 8 Lower Rectory Farm, Mill Lane, Great Brickhill.

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