House Of Gifts Ltd

House Of Gifts Ltd, based in London, UK, is a small, active company founded six years ago. With a single employee and £14,748 in assets, it operates as an e-commerce site boasting a stellar 5.0 Google rating from nine reviews. The company, led by one director and owner, Skinner Prava, is registered at a real address and focuses on retail sales via mail order and the internet.

The company’s website, Sri Lanka Gift Shop, offers a wide range of products including kitchenware, storage solutions, décor items, and gifts. It caters to customers looking for unique souvenirs and gifts, with a particular emphasis on Sri Lankan-inspired items. The site provides options for cash on delivery and secure online payments, and highlights free gift wrapping and a diverse selection of products. The website also features a blog with articles on gift ideas and home décor tips.

Financially, House Of Gifts Ltd presents a mixed picture. Cash bank on hand increased by 23% to £2,200, which is good news, but corporation tax payable rose to £500. Debtors increased by 3%, while creditors decreased by 17%, suggesting improved management of short-term liabilities. Equity grew significantly, jumping 420% to £2,600, which is a positive sign of retained earnings. However, net current assets liabilities also increased, reflecting the company’s ongoing investment in its business. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in corporation tax payable should be monitored. The financial statements are unaudited, and the company is exempt from an audit as a small company.

Overall, House Of Gifts Ltd appears to be a growing e-commerce business with a strong online presence and positive customer reviews. While the financials show some areas for attention, the company’s growth in equity suggests a solid foundation for future success.

Registered in England/Wales under the registration number 11905775, with a registered address at NW7 3QT, England, London, 81 Millway.

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