Naysmith Ltd

Naysmith Ltd from West Calder UK: small company, active status, founded 17 years ago, 3 employees, £81,655 assets, real address, 3 directors, 2 owners, e-commerce site. Regular importer of umbrellas, sun umbrellas, walking sticks, and similar items (7 months imported). Naysmith Ltd is a family-run business specializing in the retail of quality umbrellas and fashionable walking sticks, operating through a convenient online platform. The company's two main brands, Brolliesgalore and The Stick Cane Shop, are brought together under the parent company, Naysmith Ltd. Brolliesgalore boasts a stunning range of umbrellas, while The Stick Cane Shop showcases beautiful craftsmanship in walking sticks. Both brands are accessible through a redesigned online store with a mobile view, providing customers with a clear and easy-to-navigate website.

The company's website highlights its commitment to providing a positive and hassle-free shopping experience, emphasizing a wide variety of choice and rapid order turnaround. It also features a unique brand, Chrysalin Umbrellas, designed specifically for weddings and events. The website even references a passion for classic films and musical references, linking umbrellas to iconic characters like Fred Astaire and Mary Poppins.

Financially, Naysmith Ltd’s report reveals some concerning trends. While current assets increased by 15% to £82,000, equity has suffered a significant drop of 75%, now at -£13,000. Bank borrowings have decreased by 71%, down to £4,600, and cash reserves have fallen by 8.2% to £5,600. Debtors have increased considerably, up 84%, which could indicate a growing customer base, or perhaps issues with payment collection. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity suggests a need for careful financial management. No auditor is mentioned, which is typical for small companies. The company is holding steady, but the drop in equity is a worrying sign.

Registered in Scotland under the registration number SC321669, with a registered address at EH55 8TJ, West Calder, West Lothian, Unit 5-6, Polbeth Industrial Estate.

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