Robert Graham Limited

Robert Graham Limited, based in Glasgow, UK, is a small holding company with an active status, established 21 years ago in 2004. The company employs 13 people and operates from a virtual address, registered at a location shared by 27 other businesses, which raises some questions. It’s led by one director and one owner, and runs an e-commerce site. The company imports drinks, alcohol, and vinegar irregularly, with just one month of imports recorded in 2019, but exports these same products regularly, with 15 months of export activity as of 2020.

The company operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating industries. It’s a small company, meeting two of the three criteria: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. Caledonia Spirit Ltd owns Robert Graham Limited, and Johnstone Stephen James is the director.

Financially, the company's numbers show some interesting trends. Accumulated depreciation on furniture and fittings increased by 19%, while land and buildings depreciation only grew by a small 0.77%. A significant change is the increase in amounts owed to related parties, jumping from zero to £18,000. Bank borrowings decreased slightly, and cash reserves grew by 24% to £77,000. However, net assets took a hit, plummeting 470% to -£58,000, which is a substantial decline. Creditors increased by 12%, and trade debtors saw a massive 180% jump. Corporation tax payable disappeared completely, while corporation tax recoverable rose to £14,000.

The company's financial statements are unaudited, likely due to its small size. While the growth in exports is encouraging, the significant drop in equity and increase in debt suggest the company is burning through cash. It's possible the company is investing in its e-commerce platform or expanding its product range, but the financial data warrants close monitoring.

Registered in Scotland under the registration number SC265810, with a registered address at G2 2ND, Scotland, Glasgow, Lanarkshire, C/O Johnston Carmichael, 227 West George Street.

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