Gumbies Ltd

Gumbies Ltd from Poole, UK, is a small, family-run business with an active status, established 18 years ago. The company employs seven people and operates from a real address, managed by two directors and two owners. It’s an irregular importer of art and antiques (just one month of imports recorded in April 2024) but a regular exporter of footwear and related items (eleven months of exports, with the latest in March 2024).

The company's website, Gumbies UK, showcases a vibrant selection of flip-flops, sandals, sneakers, and accessories, primarily targeted at men, women, and children. It emphasizes free shipping on orders over £50 and hassle-free returns, with over 40,000 customer reviews. The site also highlights its commitment to sustainability, planting a mangrove tree or recovering plastic from the ocean for every item purchased. The brand has cultivated a strong online presence, with ambassadors showcasing their "Gumbies Journeys" around the globe.

Financially, Gumbies Ltd shows some interesting trends. While assets increased by 51% to £340,000, net assets grew by only 18% to £470,000. Creditors rose significantly by 48% to £400,000, and trade debtors increased by a remarkable 69% to £150,000. Bank borrowings, however, remained steady. The company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The significant increase in trade debtors could indicate a period of rapid growth or potentially delayed payments from customers. Cash reserves, however, are strong at £220,000. As a small company, it’s exempt from an audit, so the figures are unaudited. It’s clear that Gumbies Ltd is a thriving business, but the rise in debtors will need to be monitored closely.

Registered in England/Wales under the registration number 05964494, with a registered address at BH17 0RB, United Kingdom, Poole, Dorset, 14 Nuffield Road Nuffield Industrial Estate.

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