Gustharts Limited

Gustharts Ltd, based in Newcastle Upon Tyne, UK, is a small, active company established seven years ago. Employing 16 people, the firm holds assets valued at £1,283,964 and operates from a real address. With two directors and two owners, Gustharts Ltd runs an e-commerce site and enjoys a stellar 5.0 Google rating from 100 reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts (for 45 months), and exports toys, games, and sports equipment (also for 45 months).

The company’s website showcases a wide range of outdoor equipment, specializing in climbing gear, forestry tools, and machinery. It caters to professionals and enthusiasts alike, offering brands like Petzl, DMM, and STIHL. The site’s extensive product range, from ropes and harnesses to chainsaws and hedge trimmers, suggests a focus on serving the arboriculture, forestry, and landscaping industries. It also provides a range of accessories and consumables, reinforcing its position as a one-stop shop for outdoor equipment needs.

Financially, Gustharts Ltd presents a mixed picture. While current assets remain steady at £1,100,000, net assets decreased by 16% to £350,000. Bank borrowings have significantly reduced by 41%, falling to £350,000, and cash reserves have decreased by 3.7% to £190,000. Creditors have also decreased by 33%, to £800,000. 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 agility, but the decrease in equity could indicate tighter margins or increased operating expenses. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited director reports.

Overall, Gustharts Ltd appears to be a well-regarded supplier of outdoor equipment, navigating the challenges of a competitive market. Its strong online presence and positive customer reviews suggest a focus on service and quality, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 11326695, with a registered address at NE13 6DA, England, Newcastle Upon Tyne, Milkhope Light Industrial Estate Blagdon, Seaton Burn.

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